Wolfspeed (WOLF) secured a $1.5 billion loan from the US Department of War (formerly Defense), with warrants for 7.5% equity, implying a $20 billion valuation—12x its current market cap. This signals a massive vote of confidence in the silicon carbide (SiC) supply chain.
The US government's massive bet on Wolfspeed highlights the strategic importance of SiC, making Chinese SiC stocks a potential goldmine for investors.
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