xLight
xLight is a U.S. startup developing a free-electron laser to serve as a light source for EUV lithography in the semiconductor equipment...
Pat Gelsinger’s xLight seeks $350M raise after $150M CHIPS equity to build U.S. EUV light‑source prototype by 2028
xLight, chaired by former Intel CEO Pat Gelsinger, is negotiating a $350 million private raise led by Boardman Bay and Bain Capital and has a finalized $150 million CHIPS Act equity award to build a free‑electron laser prototype for EUV lithography, with a first prototype planned at Albany NanoTech by 2028.
