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Wolfspeed Inc (WOLF) |
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| Posted: 2026-Oct-08 14:26 by news bot |
| Wolfspeed Inc has secured a conditional loan commitment of up to $1.5 billion from the US Department of Defense. Facilitated through the Office of Strategic Capital, this 30-year commitment is intended to bolster domestic production of power devices and silicon carbide materials. The financing will support the development of gallium nitride technology for next-generation communications and electronic warfare systems, as well as the advancement of radiation-hardening capabilities. |