Wolfspeed gets conditional $1.5B loan commitment from U.S. DoW

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Go back to Wolfspeed gets conditional $1.5B loan commitment from U.S. DoW

Wolfspeed Announces Conditional 30-Year, $1.5 Billion Loan Commitment from U.S. Department of War to Advance Domestic Wide Bandgap Supply Chain

October 7, 2026 4:05 PM EDT

Represents another significant step in Wolfspeeds long-term financing and plan to strengthen its domestic wide bandgap semiconductor technology platform

DURHAM, N.C.--(BUSINESS WIRE)-- Wolfspeed, Inc. (NYSE: WOLF) today announced it has received a conditional loan commitment letter from the U.S. Department of War (DoW), through its Office of Strategic Capital (OSC), for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide (SiC) materials and wide bandgap power devices, with an additional focus on U.S. national security... More