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Newport Wafer Fab aims to raise $50 million to increase production from 8000 wafers a week to 14,000 wafers a week, reports The Telegraph. The company has had record orders for its power ICs. CEO Drew Nelson (pictured) says demand has “absolutely sky-rocketed’ in the last three months. The company is talking to private equity …

This story continues at Newport Wafer Fab looks to double capacity

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