Trump administration taking $150M stake in chip startup The Trump administration plans to take a $150 million stake in xLight, a startup developing laser technology to advance semiconductor manufacturing The Commerce Department said Monday t…
Trump Administration to Take Equity Stake in Former . . . - MSN The Trump administration has agreed to inject up to $150 million into a startup trying to develop more advanced semiconductor manufacturing techniques in the U S , its latest bid to support
US gov’t invests $150m in chip lithography startup xLight . . . The US government has agreed to invest $150 million in chip-making technology startup xLight in exchange for an undisclosed equity stake In a statement, the Commerce Department said it had signed a non-binding preliminary letter of intent (LOI) with the company, and would provide xLight with
Trump administration buys shares worth $150 million in . . . Trump administration approved a $150 million investment in chip startup xLight Inc xLight is led by former Intel CEO Pat Gelsinger and is developing EUV laser tech The deal follows Trump’s earlier move to acquire a 10% stake in Intel The Trump administration just took a serious swing at the