Pat Gelsinger's xLight raises $350 million to build the first American rival to ASML's EUV monopoly - Startup Fortune

startupfortune.com 2026-07-22 Startup Fortune

Entities

Companies:xLight ASML Intel TSMC Samsung NVIDIA Bain Capital Boardman Bay Capital Management

Technologies:EUV free electron laser LPP 3nm EUV lithography semiconductor manufacturing

Tags

Semiconductor Equipment EUV Lithography ASML US Chip Industry Pat Gelsinger Free Electron Laser Chip Manufacturing Technology US Government Investment Chip Supply Chain Security xLight Semiconductor Breakthrough Chip Industry Investment

News Summary

Pat Gelsinger's startup xLight has raised $350 million to challenge ASML's global monopoly in extreme ultraviolet (EUV) lithography, targeting the core light source technology that currently only ASML... Read original →

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