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Former Intel CEO explains why the Trump administration is taking a stake in his chip startup

DeFi Daily News by DeFi Daily News
December 3, 2025
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Former Intel CEO explains why the Trump administration is taking a stake in his chip startup
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The Trump administration will be taking an equity stake in semiconductor manufacturer startup xLight with a $150 million investment.
xLight executive chair Pat Gelsinger sits down with Yahoo Finance executive editor Brian Sozzi to further discuss light source technology for AI semiconductor manufacturing.
Gelsinger is also the general partner of Playground Global and was the CEO of Intel (INTC) from 2021 until December 2024.
Also, catch Brian Sozzi’s full interview with Pat Gelsinger.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
#youtube #stocks #AI #chip

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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LinkedIn: https://www.linkedin.com/company/yahoo-finance

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Tags: administrationaiBondsbusinessCEOChipCurrenciesEquitiesExplainsFXIntelInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsSavingsSemiconductorstakeStartupStock marketstocksTechTrumpYahoo FinanceYahoo FInance Premium
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