US to Invest Up to $150M in Gelsinger-Linked Chip Startup xLight

Published: Dec 2, 2025 16:35

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The US Department of Commerce has agreed to invest up to $150 million in xLight, a chip technology startup linked to former Intel CEO Pat Gelsinger. The department's Office of Chip Research and Development signed a non-binding letter of intent to provide the funding, according to a statement released on Monday. The move is part of the Trump administration's efforts to bring more chip manufacturing capabilities back to the US. xLight, where Gelsinger serves as executive chairman, is developing technology that will compete with a component of the extreme ultraviolet (EUV) lithography systems supplied by Dutch company ASML. ASML currently sources many of its lasers from German firm Trumpf. The deal expands the US government's influence in the chip industry.

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