The company is aiming to produce its first silicon wafers by 2028 and have its first commercial system online by 2029.

The CHIPS Act, launched in 2022 under the Biden administration, was designed to accelerate reshoring by channeling $280 billion into domestic semiconductor production. It marked a major effort to ...

PHOENIX — The computer chip factories rising from an empty expanse of the Sonoran Desert test the concept of immensity. The ...

The catalyst was a late-2024 federal call for projects to fall under the EU Chips Act, a mechanism Germany had never used in its semiconductor policy. Up to then, major undertakings— Infineon’s power ...

I believe the whole bull case on Intel Corporation hinges on Intel Foundry winning credible tier-one external customers. Read ...

Pat Gelsinger, former Intel CEO, warns that the quality of AI revenue is weaker when companies use their own balance sheets ...

INTC jumps 8.7% on buzz of a potential Apple chip deal, but margin pressure and fierce competition loom large.

The US government is set to invest up to $150 million in xLight, a semiconductor startup chaired by Pat Gelsinger.

The funding comes from the 2022 Chips and Science Act, specifically from a tranche reserved for early-stage companies developing technologies that could reshape advanced manufacturing.

The Trump administration plans to take a $150 million stake in xLight, a startup developing laser technology to advance ...

The Trump administration has agreed to invest up to $150 million in xLight, a startup building new chipmaking lasers, marking ...

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced ...