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

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

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 ...

Intel Corporation ($INTC), the semiconductor giant, is powering to a new 52-week high at $43.47 after an early wave of ...

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

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

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

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.

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

ASML Holding (NASDAQ:ASML) has long dominated the semiconductor world with its stranglehold on extreme ultraviolet (EUV) ...

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