# Wolfspeed secures conditional U.S. defense loan commitment of up to $1.5 billion

https://mins.news/en/item/90485

- Reuters, 2026-10-07 22:30 UTC
- Economy
- Original: https://www.reuters.com/business/wolfspeed-secures-15-billion-conditional-loan-commitment-us-defense-department-2026-10-07/?link_source=ta_bluesky_link&taid=6ac6c8087858580001464535

> Chipmaker Wolfspeed said it received a conditional commitment for up to $1.5 billion in loans from the U.S. Department of Defense to expand domestic production of silicon carbide materials and power devices. Its shares surged 27% in extended trading.