#xlight

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Tech industry
fromBusiness Insider
7 hours ago

The US is taking a stake in a chip startup led by Intel's ousted CEO

The U.S. signed a nonbinding letter to invest up to $150 million for potential equity in xLight, aiming to restore domestic chipmaking leadership.
fromTechCrunch
9 hours ago

What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out | TechCrunch

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the second time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall Street Journal reported Monday that the Commerce Department will provide the funding to xLight
Startup companies
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