xLight Raises $350M to Challenge ASML’s Chipmaking Dominance
xLight, a US-backed startup chaired by former Intel chief Pat Gelsinger, is raising $350m to build an xLight EUV light source that could challenge ASML’s grip on chipmaking. Just days earlier, a Dutch rival targeted Nvidia. Deep-tech chips are experiencing a resurgence, with the hardware behind AI attracting significant venture capital investment once again. xLight, a Californian […]
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