What Happened
Strengthening Domestic Supply Chain for Wide Bandgap Materials
The US Department of War’s Office of Strategic Capital has announced a $1.5 billion conditional loan commitment to Wolfspeed, Inc., a US manufacturer of silicon carbide and gallium nitride wafers. The loan aims to strengthen the US supply chain for wide bandgap materials and power devices, which have critical military and commercial applications. The financing aligns with President Trump’s strategy to enhance domestic semiconductor manufacturing and support the development of wide bandgap capabilities in the US. This move was reported by the US Department of War.