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

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

The executive on the ‘hideous’ implementation of the 2022 Chips Act, his new role heading up a Christian AI platform — and ...

The US is investing up to $150 million in xLight, a chip startup chaired by former Intel CEO Pat Gelsinger, to boost domestic ...

"Google is roaring back," former Intel CEO Pat Gelsinger told Yahoo Finance on Market Catalysts (video above). Gelsinger said ...

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 US Commerce Department has agreed to invest as much as $150 million in xLight Inc., a chip technology startup tied to ...

Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating ...

The Trump administration has reportedly reached an agreement to acquire an equity stake in XLight, the new technology startup ...

The Trump administration will be taking an equity stake in semiconductor manufacturer startup xLight with a $150 million ...

In a recent interview with the , former Intel CEO Pat Gelsinger delivered a bold forecast: quantum computing could reach ...

Speaking Monday on CNBC's Squawk Box, Gelsinger defended the Donald Trump government's equity stake in Intel but said the ultimate measure of success will be whether the investment actually leads to ...