US Invests $150M in Semiconductor Startup
Update: 2025-12-02
Description
The Trump administration is investing $150 million in xLight, a semiconductor startup, marking the third time the U.S. government has taken an ownership stake in a private company. This funding, from the 2022 Chips and Science Act, will make the government xLights largest shareholder. xLight aims to revolutionize semiconductor manufacturing with particle accelerator-powered lasers, challenging ASMLs monopoly. Critics debate the wisdom of taxpayer-funded equity stakes.
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