Wolfspeed shares are trading higher after the company announced it has received a conditional loan commitment letter from the U.S. Department of War for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide materials and wide bandgap power devices
Wolfspeed shares are trading higher after the company announced it has received a conditional loan commitment letter from the U.S. Department of War for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide materials and wide bandgap power devices