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 (Lynn Doan/Bloomberg)
Lynn Doan / Bloomberg:
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 …