Xlight

Pat Gelsinger pivots to Playground Capital to back lithography-driven Moore’s Law via xLight, highlighting regulatory shifts and AI-driven deep-tech funding as catalysts.

DoC approves Nvidia H200 exports to China for approved customers with a 25% U.S. revenue skim, amid looming bipartisan legislation and regulatory risk; the piece also notes a separate $150M Commerce Dept. award to xLight and broader US-China chip-policy dynamics.