The company is aiming to produce its first silicon wafers by 2028 and have its first commercial system online by 2029.

The Trump administration will be taking an equity stake in semiconductor manufacturer startup xLight with a $150 million ...

The Trump administration will be taking an equity stake in semiconductor manufacturer startup xLight with a $150 million ...

The US Department of Commerce has signed a preliminary letter of intent to provide up to $150 million to xLight, a Palo ...

Semiconductors are to get finer structures using EUV light sources outside of chip factories. Intel's ex-CEO has now ...

Pat Gelsinger, former Intel CEO, warns that the quality of AI revenue is weaker when companies use their own balance sheets ...

The funding comes from the 2022 Chips and Science Act, specifically from a tranche reserved for early-stage companies developing technologies that could reshape advanced manufacturing.

The US is investing up to $150 million in xLight, a chip startup chaired by former Intel CEO Pat Gelsinger, to boost domestic ...

The Trump administration has reportedly reached an agreement to acquire an equity stake in XLight, the new technology startup ...

The US Commerce Department has agreed to invest as much as $150 million in xLight Inc., a chip technology startup tied to ...

Trump throws cash at a bold semiconductor punt The Trump administration has decided to sling up to $150 million at xLight, a ...

The U.S. Commerce Department confirmed it plans to invest $150 million in xLight Inc., a semiconductor startup chaired by ...