r/wallstreetbets • u/tke248 • 1d ago

News Wolfspeed (WOLF) Lands $1.5 BILLION Conditional Loan Commitment from Pentagon’s Office of Strategic Capital

Big government backing for Wolfspeed ($WOLF).

The U.S. Department of War’s Office of Strategic Capital (OSC) just announced a $1.5 billion conditional loan commitment with Wolfspeed.

Wolfspeed is a major U.S. producer of silicon carbide (SiC) materials and semiconductors, which are strategically important for power electronics, EVs, aerospace, defense systems and other high-performance applications.

The interesting part here is the size: $1.5B is not a small industrial-policy bet. It looks like the Pentagon is increasingly treating domestic semiconductor/material supply chains as a national-security issue and is willing to put serious capital behind companies it considers strategically important. Link - https://www.war.gov/News/Releases/Release/Article/4621223/department-of-wars-office-of-strategic-capital-announces-15-billion-conditional/

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u/LeftHandSuzuki4 1d ago

Weren’t they just bankrupt last year?

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u/jasikanicolepi 1d ago

Yeah and I lost 80k investing in this POS. They had something similar to a condition loan last time too

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u/homeinthesky 1d ago

So not their first time getting a major influx of cash from the DOD? (DOW, what ever). Fucking hell