Department of War dishes out $1.5 billion loan commitment to boost semiconductor supply chain
Wolfspeed secures a conditional $1.5 billion, 30-year loan commitment from the U.S. Department of War to expand its semiconductor supply chain. The funding supports GaN epitaxy and radiation-hardened SiC and GaN technologies for U.S. national security applications.
The commitment backs expanded domestic production of specialized semiconductors for national security, making it a significant financing development for Wolfspeed and the U.S. supply chain.
