Biden visits Wolfspeed in effort to boost economic policies

President Joe Biden speaks about jobs during a visit to semiconductor manufacturer Wolfspeed Inc., in Durham, N.C., Tuesday, March 28, 2023. (AP Photo/Carolyn Kaster)

DURHAM — President Joe Biden visited semiconductor manufacturer Wolfspeed to spotlight the impact legislation passed earlier in his administration is having on the U.S. economy and contrast his vision with that of Republicans as they square off on budget priorities. 

Biden’s visit follows the Durham-based company’s announcement last September to build a $5 billion manufacturing facility in Chatham County that is expected to create 1,800 new jobs.  


The White House says Biden while in North Carolina will highlight that his legislative efforts have spurred $435 billion in private-sector manufacturing commitments since he took office.