Key Highlights
- Investment amount: up to $150 million.
- Company: XLight, founded by a former Intel CEO.
- Focus: development of ultraprecise lasers.
- Goal: increase circuit density on semiconductors.
Trump Administration to Take Equity Stake in Former Intel CEO’s Chip Startup
The Trump administration is set to invest up to $150 million in XLight, a startup founded by a former Intel CEO, to support the development of ultraprecise lasers aimed at enhancing semiconductor technology.
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Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
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