TechBloomberg58m ago

The DOD offers chipmaker Wolfspeed

The DOD offers chipmaker Wolfspeed, which filed for bankruptcy in 2025, a conditional loan of up to $1.5B in exchange for warrants for up to 7.5% of the company

The US Defense Department pledged to issue a conditional loan to Wolfspeed Inc., the chipmaker that filed for bankruptcy last year …

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Source: Bloomberg · Opens in new tab