Government Invests in Semiconductor Startup: Is It a Gamble or a Necessary Shift?

Semiconductor startup xLight has secured a massive $150 million government investment, sparking debate about the role of state capitalism in fostering innovation. This deal, made under the 2022 CHIPS and Science Act, sees the US government become a major shareholder in the company developing groundbreaking laser technology for chip production. Experts are divided on whether this unprecedented move represents a bold gamble or a necessary step towards national security and economic self-reliance.