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

WASHINGTON, Dec 1 (​Reuters) ‌- 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.

(Reporting ⁠by Jasper Ward; ‌Editing by ‌Tom Hogue)