The Trump administration agrees to inject up to $150M into xLight, which makes lasers for EUV machines and has Pat Gelsinger on its board, for an equity stake
XLight to get up to $150 million to develop ultraprecise lasers for squeezing more circuits onto semiconductors
Wall Street Journal
Related Coverage
- Department of Commerce and NIST Announce CHIPS Research and Development Letter of Intent with xLight, Inc. for Extreme Ultraviolet Lithography NIST
- US gov't invests $150m in chip lithography startup xLight, takes equity stake DatacenterDynamics · Charlotte Trueman
- U.S. government to invest $150 million in lithography startup Axios · Dan Primack
- U.S government awards Gelsinger-backed EUV developer xLight with $150 million in federal incentives — company to develop new electron-based light source for lithography tools Tom's Hardware · Anton Shilov
- Trump administration taking $150M stake in chip startup The Hill · Julia Shapero
- Trump administration to inject up to $150 million into XLight, WSJ reports Reuters · Jasper Ward
- Pat Gelsinger's xLight EUV Startup Approved for ~$150 Million Government Backing TechPowerUp
- What a Blockbuster Donation Means for the Future of Giving New York Times
- Former Intel CEO gets $150M from Trump administration for chip-laser startup CTech
- The US is taking a stake in a chip startup led by Intel's ousted CEO Business Insider · Lee Chong Ming
- Howard Lutnick Says Trump Administration Chip R&D Partnership With Former Intel CEO Pat Gelsinger's Startup Can ‘Fundamentally Rewrite The Limits’ Benzinga · Ananya Gairola
- What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out TechCrunch · Connie Loizos
- Trump administration to inject up to $150 million into chip laser startup xLight CNBC
- Commerce Department to Back Chip Startup From Former Intel CEO Bloomberg
- Trump Administration To Take Equity Stake In Former Intel CEO's Chip Startup Slashdot · BeauHD
Discussion
-
@danprimack
Dan Primack
on x
The Trump administration will invest $150 million into a lithography startup called xLight, its first CHIPS Act award. Chatted this morning with xLight's CEO about the deal and what his company does. https://www.axios.com/...