Wolfspeed secures conditional US$1.5B US defense loan for SiC, GaN expansion

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 08 Oct, 02:40 UTC

Wolfspeed has received a conditional commitment for up to US$1.5 billion in long-term financing from the US Department of War to expand domestic production of silicon carbide (SiC) materials and wide-bandgap power devices, strengthening its focus on defense and other strategic applications.