WORLDTECHTechnology SINGLE SOURCE
Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5%
First reported Source: The Next WebLast editorial activity
What happened
Wolfspeed filed for bankruptcy protection in June 2025. The department’s Office of Strategic Capital announced the commitment on Wednesday.
The US Department of War has offered chipmaker Wolfspeed a conditional loan of up to $1.5bn over 30 years. In return, Wolfspeed would give the department warrants to buy up to 7.5% of the company.
Key facts
- The department’s Office of Strategic Capital — announced: the commitment on Wednesday
Sources & evidence
- The Next Web Reporting source
Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5% ↗
https://thenextweb.com/news/wolfspeed-loan-1-5bn-department-of-war