1. United States
2. Letter

Mr. President, I am writing to express deep concern over reports of illegal naked short selling activities potentially undermining Wolfspeed, a leading American semiconductor company that has invested $6.5 billion into U.S. manufacturing infrastructure. Wolfspeed’s contributions are vital to our national interests, particularly in reducing reliance on foreign semiconductor supply chains. The company’s strategic importance cannot be overstated. There is growing evidence suggesting that coordinated financial attacks, possibly involving illegal naked short selling, are being used to destabilize Wolfspeed’s stock. Such actions not only threaten the company’s viability but also pose risks to our national security and economic independence. I urge your office to: 1. Initiate a thorough investigation into these allegations. 2. Collaborate with relevant regulatory bodies to ensure market integrity. 3. Support legislation that protects American companies from malicious financial practices. Your leadership is crucial in safeguarding our nation’s technological infrastructure. I am available to provide further information or discuss this matter in more detail. Thank you for your attention to this urgent issue.