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 ...

The U.S. government is making its first equity investment under the CHIPS Act, committing up to $150 million to semiconductor ...

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.

"Google is roaring back," former Intel CEO Pat Gelsinger told Yahoo Finance on Market Catalysts (video above). Gelsinger said ...

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

OpenAI became the guy everyone kept running into in 2025, both for good and bad reasons, drawing just as much admiration as ...

Pat Gelsinger describes himself as a born-again Christian who lives "at the intersection of faith and technology." For the former Intel CEO, reviving American semiconductor manufacturing isn't just ...