Wolfspeed gets up to $1.5 billion DoD conditional loan
Wolfspeed said it received a conditional DoD loan commitment for up to $1.5 billion to expand domestic silicon carbide materials and power device production.
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Wolfspeed gets conditional $1.5 billion Defense Department loan
Wolfspeed said the U.S. Defense Department conditionally agreed to provide up to $1.5 billion in long-term financing to support U.S. development and production of silicon carbide materials and wide bandgap power devices.