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

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 i ...