We investigate implications of an old conjecture in unstable homotopy theory related to the Cohen-Moore-Neisendorfer theorem and a conjecture about the -topological Hochschild cohomology of certain Thom spectra (denoted , , and ) related to Ravenel’s . We show that these conjectures imply that the orientations and admit spectrum-level splittings. This is shown by generalizing a theorem of Hopkins and Mahowald, which constructs as a Thom spectrum, to construct , , and as Thom spectra (albeit over , , and respectively, and not over the sphere). This interpretation of , , and offers a new perspective on Wood equivalences of the form : they are related to the existence of certain EHP sequences in unstable homotopy theory. This construction of also provides a different lens on the nilpotence theorem. Finally, we prove a -equivariant analogue of our construction, describing as a Thom spectrum.

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