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Monday, December 1, 2025

Trump administration to inject up to $150 million into XLight, WSJ reports

 The Trump ‌administration has agreed to take an equity stake ⁠in former ‌Intel CEO Pat Gelsinger's ‍XLight startup, the Wall Street ​Journal reported on ‌Monday, citing the U.S. Commerce Department.

The newspaper ⁠said the ​Trump administration ​will inject up to $150 million ‍into ⁠the company.

https://finance.yahoo.com/news/trump-administration-inject-150-million-012134376.html

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