US Invests $150M in XLight's Advanced Lasers

The Trump administration is investing up to $150 million in xLight, a startup developing advanced free-electron lasers for faster computing chips. This marks the first investment by the Commerce Departments CHIPS Research and Development Office, which recently took over a semiconductor research institute. XLight aims to reduce electricity consumption by using technology derived from particle accelerators, collaborating with U.S. national laboratories to develop a prototype. The investment is seen as a strategic move to regain Americas lead in advanced lithography, with former Intel CEO Pat Gelsinger joining xLight as executive chairman.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.