Pat Gelsinger's xLight EUV Startup Approved for ~$150 Million Government Backing

Yesterday, the U.S. Department of Commerce (DOC) committed to further support development of domestic chip manufacturing entities. The latest beneficiary is xLight, a "venture-backed" startu

p that specializes in EUV Free Electron Lasers (FELs) technologies. The young company gained extra attention earlier this year, when ex-Intel boss Pat Gelsinger joined as Executive Chairman of the boa ...