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Cree Plans $1 Billion Expansion at Durham, North Carolina, Campus

An innovator of Wolfspeed power and radio frequency semiconductors, lighting class LEDs and lighting products, Cree Inc. will invest up to $1 billion in expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, North Carolina.

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