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Alert
Trump Administration Plans $150M Equity Stake in Chip Startup Xlight
12/02/2025, 01:12
12/02/2025, 01:15
AI SUMMARY
●Trump administration plans an equity stake in chip startup Xlight
●Investment reported to total up to $150 million
●Startup was founded by a former Intel CEO
According to The Wall Street Journal, the Trump administration intends to acquire an equity stake in Xlight, a chip startup established by a former Intel CEO. The planned investment reportedly totals up to $150 million.
This move signifies a direct government investment in semiconductor technology, targeting a company led by veteran industry leadership. The administration's approach involves taking a direct ownership position rather than traditional grants or subsidies.