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The Wall Street Journal Reported Trump Administration To Invest Up To $150M In Former Intel CEO's Chip Startup xLight
Benzinga•December 02, 2025 at 1:16 AM•Full Content
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Intel Corporation
"positive momentum"
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Gist
The Trump administration plans to invest up to $150M in xLight, a chip startup led by a former Intel CEO, as part of a strategic push to strengthen U.S. semiconductor capabilities.
LLM Summary
According to the Wall Street Journal, the Trump administration is set to take an equity stake in xLight, a semiconductor startup founded by a former Intel CEO, with a potential investment of up to $150 million. The move underscores efforts to bolster domestic chip production and reduce reliance on foreign supply chains. The investment aligns with broader national security and economic goals related to semiconductor independence.
Full Article Content
Metadata
Author:
Benzinga Newsdesk
Tickers:
INTC
Updated At:
December 01, 2025 at 9:16 PM
Benzinga Channels:
News, Financing, Tech
Teaser:
https://www.wsj.com/tech/trump-administration-to-take-equity-stake-in-former-intel-ceos-chip-startup-9dcd9367
Benzinga Stocks:
INTC (NASDAQ)
Benzinga Article ID:
49151706