xLight Stock
| Valuation | $612.74M1 |
| Valuation Date | Dec 1, 2025 |
| Implied Valuation | $1.19B |
| Last Price | $23.13 |
| 52-Week High | $24.53 |
| 52-Week Low | $10.00 |
| YTD Return | +87.29% |
| 1-Year Return | +131.30% |
| 3-Year Return | n/a |
| Total Funding | $200M2 |
| Latest Round Amount | $150M3, 4 |
| Latest Round | Series B |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About xLight
xLight is a semiconductor equipment company that builds particle accelerator driven free electron lasers to generate extreme ultraviolet (EUV) light for chipmaking. Its lasers are designed to replace the laser produced plasma light sources inside today's EUV lithography machines, delivering several times more power at a much lower cost per wafer. The company plans to make money by commercializing these light sources for semiconductor fabs and national security applications. It is building its first full-scale prototype at the Albany NanoTech Complex in New York with backing from a $150 million CHIPS Act award. Former Intel CEO Pat Gelsinger serves as executive chairman.
Invest in xLight
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News
Pat Gelsinger's xLight raises $350 million to build the first American rival to ASML's EUV monopoly
xLight, chaired by former Intel CEO Pat Gelsinger, is negotiating a $350 million raise led by Boardman Bay and Bain Capital to build a domestic EUV light-source alternative, with a first prototype tar...
xLight appoints Dr. Thomas Caulfield to board of directors
xLight added GlobalFoundries executive chairman Dr. Thomas Caulfield as an independent director, bringing decades of semiconductor manufacturing leadership.
xLight in Talks to Raise $350M for EUV Light Source Rival to ASML
The Information reported in June 2026 that xLight is negotiating a $350 million round led by Boardman Bay Capital and Bain Capital to fund its free-electron laser EUV alternative weeks after the CHIPS...
U.S.-Backed Chipmaking Startup Chaired by Former Intel CEO Is Raising $350 Million
xLight told investors it is in talks to raise $350 million in a round expected to be led by Boardman Bay Capital Management and Bain Capital. The raise would follow roughly $200 million in prior fundi...
xLight Appoints GlobalFoundries' Tom Caulfield to Board
Former GlobalFoundries CEO Tom Caulfield joined xLight's board as an independent director as the company advances commercialization of its EUV free-electron laser technology.
xLight Finalizes $150M CHIPS Incentives with U.S. Department of Commerce
xLight signed a final $150 million CHIPS Act award with the U.S. Department of Commerce and NIST on June 2, 2026, taking a federal equity stake to fund construction of its first free-electron laser pr...
xLight Finalizes $150M CHIPS Incentives with U.S. Department of Commerce
xLight finalized a $150 million CHIPS Act award with the U.S. Department of Commerce on June 2, 2026 to build and demonstrate its first EUV free-electron laser prototype for semiconductor manufacturin...
XLight, Commerce Department finalize $150M CHIPS Act award
The Commerce Department finalized $150 million in CHIPS incentives with xLight and took an equity stake as the startup prepares an Albany prototype of its free-electron laser lithography system.
Department of Commerce Announces Finalization of CHIPS Incentives with xLight to Support Next-Generation Light Source for Lithography
The U.S. Department of Commerce and NIST finalized a $150 million CHIPS and Science Act award to xLight for the construction and demonstration of a first-of-its-kind free-electron laser prototype at t...
Pat Gelsinger wants to save Moore's Law, with a little help from the Feds
The U.S. Department of Commerce signed a letter of intent to invest up to $150 million in xLight under the CHIPS Act, taking an equity stake in the startup building free-electron lasers for EUV lithog...
US startup xLight raises $40 million in race against China for key chip-making laser
xLight closed a $40 million Series B led by Playground Global, joined by Boardman Bay Capital Management, Morpheus Ventures, Marvel Capital and IAG Capital Partners, to build the first prototype of a ...
Ex-Intel CEO Gelsinger joins venture capital firm Playground Global
Former Intel CEO Pat Gelsinger joined Playground Global as a general partner and became executive chairman of the board at portfolio company xLight, which is developing a new kind of laser to produce ...