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

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

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.

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 ...

U.S. government to inject up to $150 million in xLight, a startup developing EUV light source based on a particle accelerator ...

The US government is set to invest up to $150 million in xLight, a semiconductor startup chaired by Pat Gelsinger.

ZDNET's key takeaways Intel has seen strong market performance in the past months.This deviates from a years-long trend. The ...

Intel has also gotten a number of high-powered backers including from the US government, which has become the company's ...

The Trump administration plans to take a $150 million stake in xLight, a startup developing laser technology to advance ...

Intel shares are extending their aggressive rally Tuesday afternoon, trading over $43, a gain of over 20% in just five days.

The final StrictlyVC event of 2025 will be in Palo Alto. Pat Gelsinger, Max Hodak, Nicholas Kelez, and more will candidly ...

The Trump administration has agreed to take a stake in xLight - a startup seeking to develop free-electron lasers viewed as ...