What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out
December 3, 2025
The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies.
The Wall Street Journal reported Monday that the…