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 that it has
Trump Administration Takes $150M Stake in Laser Startup . . . The Trump administration is putting up to $150 million into xLight, a U S startup working on free-electron laser technology that could reshape the future of advanced chipmaking The Department of Commerce announced the plan Monday, confirming that the government will take an equity stake in the
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