U.S government awards Gelsinger-backed EUV developer xLight with $150 million in federal incentives — company to develop new electron-based light source for lithography tools

Source: Tom’s Hardware

U.S. Government Funding for xLight

The U.S. government plans to inject up to $150 million into xLight, a startup developing an EUV light source that leverages a particle accelerator. This funding marks the first CHIPS and Science Act grant awarded during the Trump Administration.