Microsoft has announced that it will raise prices on its Microsoft 365 productivity suites for businesses and government clients starting in July 2026, marking the first commercial price increase since 2022. Small business and frontline worker plans face the steepest hikes: Business Basic jumps 16.7% to $7 per user per month, while frontline worker subscriptions surge up to 33%. Enterprise plans see more modest bumps, ranging from 5.3% for E5 to 8.3% for E3. Microsoft attributed the increases to more than 1,100 new features added to the suite, including AI-driven tools and security enhancements. Copilot remains a separate $30-per-month add-on.

Microsoft announced on Tuesday its largest-ever investment in Asia -- $17.5 billion over four years starting in 2026 -- to expand cloud and AI infrastructure across India, fund skilling programs, and support ongoing operations in the country. The commitment adds to a $3 billion investment the company announced in January 2025 that is on track to be spent by the end of 2026. A new hyperscale cloud region in Hyderabad is set to go live in mid-2026 and will be Microsoft's largest in India, comprising three availability zones.

The company also plans to integrate AI into two government employment platforms -- e-Shram and the National Career Service -- that serve more than 310 million informal workers. Microsoft is doubling its India skilling target to 20 million people by 2030; since January, it has already trained 5.6 million.

The Trump administration will allow Nvidia to resume selling H200 chips to China, but only if the U.S. government takes a 25% cut. Axios reports: Trump said on Truth Social that he'll allow Nvidia to sell H200 chips -- the generation of chips before its current, more-advanced Blackwell lineup -- to China, with the U.S. government pocketing a quarter of the revenue. He said he would apply "the same approach to AMD, Intel, and other GREAT American Companies."

American defense hawks fear that China could use Nvidia chips to advance its military ambitions. Trump said Monday that the sales will be subject to "conditions that allow for continued strong National Security." The blockade remains in place for Nvidia's current generation of Blackwell chips, which will be replaced in the second half of 2026 by even more advanced Rubin chips. Huang said recently he was unsure if China would want the older chips. "We applaud President Trump's decision to allow America's chip industry to compete to support high paying jobs and manufacturing in America," Nvidia said in a statement. "Offering H200 to approved commercial customers, vetted by the Department of Commerce, strikes a thoughtful balance that is great for America."

Longtime Slashdot reader hackingbear writes: Taiwan's government has ordered a one-year block of a popular, mainland Chinese-owned social media app Xiaohongshu, also known as The Little RedNote, citing its failure to cooperate with authorities over fraud-related concerns. Taiwan's Ministry of the Interior on Thursday cited Xiaohongshu's, which does not have business presence on the island, refusal to cooperate with authorities as the basis for the ban, claiming that the platform has been linked to more than 1,700 fraud-related cases that resulted in financial losses of 247.7 million Taiwanese dollars ($7.9 million). "Due to the inability to obtain necessary data in accordance with the law, law enforcement authorities have encountered significant obstacles in investigations, creating a de facto legal vacuum," the ministry said in a statement.

Chinese Nationalist Party (KMT), Taiwan's opposition party, Chairwoman Cheng Li-wun decried the government plan to suspend access to Chinese social media platform Xiaohongshu for one year as censorship. "Many people online are already asking 'How to climb over the firewall to access Xiaohongshu,'" Cheng posted on social media. Meta was facing fines earlier this year for failing to disclose information on individuals who funded advertisements on its social media platforms, marking the second such penalty in Taiwan for violating the anti-fraud act. "Meta failed to fully disclose information regarding who paid for the advertisement and who benefited from it," Depute Minister Lin of Ministry of Digital Affairs said at a news conference on June 18.

If MODA decides to impose the fine, it would mark the second such penalty against Meta in Taiwan, following a NT$1 million ($33,381) fine issued in May for violating the Fraud Crime Hazard Prevention Act by failing to disclose information on individuals who commissioned and funded two Facebook advertisements. Meta's Threads were also included in the regulatory framework following nearly 1,900 fraud-related reports associated with the platform, with 718 confirmed as scams. Xiaohongshu has surged in popularity among young Taiwanese in recent years, amassing 3 million users in the island of 23 million.

Dollar General and Family Dollar stores have collectively failed more than 6,400 government price-accuracy inspections since January 2022, charging customers more at checkout than the prices displayed on shelves for everything from frozen pizzas to puppy food, according to an investigation by the Guardian. The review examined records from 45 states and more than 140 counties and cities. Dollar General stores failed over 4,300 inspections across 23 states, and Family Dollar failed more than 2,100 in 20 states. Error rates at the worst-performing locations reached staggering levels -- 76% at a Dollar General in Hamilton, Ohio and 68% at a Family Dollar in Bound Brook, New Jersey. A Family Dollar in Provo, Utah failed 28 consecutive inspections.

Industry watchers, employees and lawsuits attribute the discrepancies to minimal staffing. Registers update automatically when prices change, but shelf labels require manual replacement, and workers often lack the time. State attorneys general have pursued settlements -- Arizona reached a $600,000 deal with Family Dollar in May, Colorado settled with Dollar General for $400,000 in October and Ohio secured $1 million from Dollar General after finding error rates as high as 88%. Both companies declined interview requests but said they remain committed to pricing accuracy.

"First the penny. Next, paper checks?" asks CNN: When the U.S. Mint stopped making pennies last month for the first time in 238 years, it drew a lot of attention. But there have been quiet moves to stop using paper checks as well. The government stopped sending out most paper checks to recipients as of the end of September, part of an effort to fully modernize federal benefits payments. And on Thursday the Federal Reserve put out a notice that suggested it is considering — but only considering — the "winding down" of checking services it now provides for banks.

The central bank's statement said that as an alternative to winding down those services, it is mulling more investment in its check processing services, but noted that would come at a higher cost. But it is also considering not making any such investments, in order to keep costs roughly unchanged. That would lead to reduced reliability of those services going forward. "Over time, check use has steadily declined, digital payment methods have grown in availability and use, and check fraud has risen," said the notice from the Fed. "Also, the Reserve Banks will need to make substantial investments in their check infrastructure to continue providing the same level of check services going forward."

A report from the Federal Reserve Bank of Atlanta in June found that as of last year, more than 90% of surveyed consumers said they prefer to use something other than a check for paying bills, and just 6% paid by check. That's a sharp drop from the 18% of bills paid by checks as recently as 2017. Consumers also reported they view checks as second-worst for convenience and speed of payment, ahead of only money orders. And they're ranked as the least secure form of any payment other than cash.

But even if it's true that options such as direct deposit, automatic bill paying and electronic payment systems such as Venmo, PayPal and Zelle have all reduced the need for traditional checks, paper checks are still an important part of the payment system. They make up about 5% of transactions and represent 21% of the value of all those payments, according to a statement from Michelle Bowman, the Fed's vice chair for supervision, who dissented from the Fed's Thursday statement.

Bloomberg reports that Google "must renegotiate any contract to make its search engine or artificial intelligence app the default for smartphones and other devices every year, a federal judge ruled." Judge Amit Mehta in Washington sided with the US Justice Department on the one year limitation in his final ruling on what changes the search giant must make in the wake of a landmark ruling that the company illegally monopolized online search. The yearly renegotiation will give rivals — particularly those in the burgeoning generative AI field — a chance to compete for key placements.

The final judgment will still allow Google to offer its products to Apple Inc. for use in its popular iPhone and pay other electronics makers like Samsung Electronics Co. for default placement. But the judge said those contracts must be renegotiated annually. Mehta noted in his ruling that both Google and the US government said they could work with the one-year limitation on default contracts. As such, "the court holds that a hard-and-fast termination requirement after one year would best carry out the purpose of the injunctive relief."

To build three-wheeled, solar electric vehicles, Aptera has now launched its "validation" vehicle assembly line, reports the San Diego Business Journal.

"The validation line will set a technical foundation for the company's eventual low-volume assembly line, ensuring that manufacturing processes are optimized and refined, particularly for the company's composite body structure." To date, Aptera has produced three validation vehicles, two of which are in use driving around the San Diego region, with plans to build another 10 in the coming weeks as progress continues on the validation manufacturing line. "You learn things when you start to put miles on vehicles, putting 10s of thousands of miles on these validation vehicles and learning a lot from the durometer of the suspension, ride quality, spring rates and braking pressure," Aptera co-founder and co-CEO Chris Anthony said. "We've been able to incorporate a lot of the usability stuff back, but also, just as we've gone through the process of building these, a lot of order-of-operation stuff that's educated us on what's going to make for the best initial assembly lines," he added....

Aptera made its public debut on October 16, with the company's executive team participating in the Nasdaq closing bell ceremony that evening. Shares of SEV have hovered between $6.50 and $8.50 for much of the company's first month on the exchange. The company's equity line of credit also took effect in mid-November... expected to aid in Aptera generating at least a portion of the $65 million the company has said it will need to complete validation manufacturing and begin low-volume production for customers. Aptera previously raised some $135 million from more than 17,000 investors in what the company touts as the most successful crowdfunding effort of all time, but Anthony argued Aptera will soon need to invest larger sums of capital to scale its production needs.

"Publicly listing the company gives us a lot more funding mechanisms to get into production," he said. "So just having access to the public markets, public liquidity and the kind of instruments and tools that banks offer to public companies, it just seemed like now is the right time." Alongside the IPO, Aptera made its formal transition to a Public Benefit Corporation, giving the company a legal obligation to consider its effect on employees, communities and customers in addition to the profit motives of its shareholders.
California's state government also awarded Aptera $21 million "to support its push toward scaled manufacturing," the article points out.

It also notes that Aptera's vehicles "are technically classified as motorcycles rather than standard passenger cars, presenting a potentially cheaper alternative for consumers on the hunt for an electric vehicle."

While Netflix hopes to buy Warner Bros. Discovery for $72 billion, CNBC reports a senior official in America's federal government said the administration was viewing the deal with "heavy skepticism. And that's not the only hurdle: On Thursday, The Wall Street Journal reported that Paramount, in a letter to lawyers for Warner Bros. Discovery [WBD], had warned that a sale to Netflix likely would "never close" because of regulatory challenges in the United States and overseas. "Acquiring Warner's streaming and studio assets 'will entrench and extend Netflix's global dominance in a matter not allowed by domestic or foreign competition laws,' Paramount's lawyers wrote," the Journal reported.
Paramount "is now weighing its options about whether to go straight to shareholders with one more improved bid," CNBC reported Friday, "perhaps even higher than the $30-per-share, all-cash offer it submitted to Warner Bros. Discovery this week."

And CNBC reported Friday that the review by America's Department of Justice "can take anywhere from months to more than a year." Netflix said Friday it expects the transaction to close in 12 to 18 months, after Warner Bros. Discovery spins out its portfolio of cable networks into Discovery Global... As part of the deal, Netflix has agreed to pay a $5.8 billion breakup fee to Warner Bros. Discovery if the deal were to get blocked by the government.
Netflix's planned move is already drawing high-powered criticism, reports CNN:

• "The world's largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent. The outcome would eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers...." the Writers Guild of America union representing Hollywood writers.

• "Producers are rightfully concerned... Our legacy studios are more than content libraries — within their vaults are the character and culture of our nation." — The Producers Guild of America
• The deal raises "many serious questions" about the entertainment industry's future, "especially the human creative talent whose livelihoods and careers depend on it." — SAG-AFTRA, Hollywood's biggest actors union

• "This is not a win for consumers. Netflix has already aggressively raised prices, increased ad load, and stopped people from sharing passwords. Absorbing a competitor with strong content will only lead to its service becoming more expensive and give consumers less choice." — Ross Benes, a senior analyst at eMarketer, told CNN. [Benes also thinks this could mean fewer companies spending heavily on movies and TV shows. "This contracts the industry."

U.S. and Canadian cybersecurity agencies say Chinese-linked actors deployed "Brickstorm" malware to infiltrate critical infrastructure and maintain long-term access for potential sabotage. Reuters reports: The Chinese-linked hacking operations are the latest example of Chinese hackers targeting critical infrastructure, infiltrating sensitive networks and "embedding themselves to enable long-term access, disruption, and potential sabotage," Madhu Gottumukkala, the acting director of the Cybersecurity and Infrastructure Security Agency, said in an advisory signed by CISA, the National Security Agency and the Canadian Centre for Cyber Security. According to the advisory, which was published alongside a more detailed malware analysis report (PDF), the state-backed hackers are using malware known as "Brickstorm" to target multiple government services and information technology entities. Once inside victim networks, the hackers can steal login credentials and other sensitive information and potentially take full control of targeted computers.

In one case, the attackers used Brickstorm to penetrate a company in April 2024 and maintained access through at least September 3, 2025, according to the advisory. CISA Executive Assistant Director for Cybersecurity Nick Andersen declined to share details about the total number of government organizations targeted or specifics around what the hackers did once they penetrated their targets during a call with reporters on Thursday. The advisory and malware analysis reports are based on eight Brickstorm samples obtained from targeted organizations, according to CISA. The hackers are deploying the malware against VMware vSphere, a product sold by Broadcom's VMware to create and manage virtual machines within networks. [...] In addition to traditional espionage, the hackers in those cases likely also used the operations to develop new, previously unknown vulnerabilities and establish pivot points to broader access to more victims, Google said at the time.

India is weighing a proposal to mandate always-on satellite tracking in smartphones for precise government surveillance -- an idea strongly opposed by Apple, Google, Samsung, and industry groups. Reuters reports: For years, the [Prime Minister Narendra Modi's] administration has been concerned its agencies do not get precise locations when legal requests are made to telecom firms during investigations. Under the current system, the firms are limited to using cellular tower data that can only provide an estimated area location, which can be off by several meters.

The Cellular Operators Association of India (COAI), which represents Reliance's Jio and Bharti Airtel, has proposed that precise user locations should only be provided if the government orders smartphone makers to activate A-GPS technology -- which uses satellite signals and cellular data -- according to a June internal federal IT ministry email. That would require location services to always be activated in smartphones with no option for users to disable them. Apple, Samsung, and Alphabet's Google have told New Delhi that should not be mandated, said three of the sources who have direct knowledge of the deliberations.

A measure to track device-level location has no precedent anywhere else in the world, lobbying group India Cellular & Electronics Association (ICEA), which represents both Apple and Google, wrote in a confidential July letter to the government, which was viewed by Reuters. "The A-GPS network service ... (is) not deployed or supported for location surveillance," said the letter, which added that the measure "would be a regulatory overreach." Earlier this week, Modi's government was forced to rescind an order requiring smartphone makers to preload a state-run cyber safety app on all devices after public backlash and privacy concerns.

Two Virginia brothers Muneeb and Sohaib Akhter, previously convicted of hacking the U.S. State Department, were rehired as federal contractors and are now charged with conspiring to steal sensitive data and destroy government databases after being fired. "Following the termination of their employment, the brothers allegedly sought to harm the company and its U.S. government customers by accessing computers without authorization, issuing commands to prevent others from modifying the databases before deletion, deleting databases, stealing information, and destroying evidence of their unlawful activities," the Justice Department said in a Wednesday press release. BleepingComputer reports: According to court documents, Muneeb Akhter deleted roughly 96 databases containing U.S. government information in February 2025, including Freedom of Information Act records and sensitive investigative documents from multiple federal agencies. One minute after deleting a Department of Homeland Security database, Muneeb Akhter also allegedly asked an artificial intelligence tool for instructions on clearing system logs after deleting a database.

The two defendants also allegedly ran commands to prevent others from modifying the targeted databases before deletion, and destroyed evidence of their activities. The prosecutors added that both men wiped company laptops before returning them to the contractor and discussed cleaning out their house in anticipation of a law enforcement search. The complaint also claims that Muneeb Akhter stole IRS information from a virtual machine, including federal tax data and identifying information for at least 450 individuals, and stole Equal Employment Opportunity Commission information after being fired by the government contractor.

Muneeb Akhter has been charged with conspiracy to commit computer fraud and destroy records, two counts of computer fraud, theft of U.S. government records, and two counts of aggravated identity theft. If found guilty, he faces a minimum of two years in prison for each aggravated identity theft count, with a maximum of 45 years on other charges. His brother, Sohaib, is charged with conspiracy to commit computer fraud and password trafficking, facing a maximum penalty of six years if convicted.

An anonymous reader quotes a report from Ars Technica: A Donald Trump-backed push has failed to wedge a federal measure that would block states from passing AI laws for a decade into the National Defense Authorization Act (NDAA). House Majority Leader Steve Scalise (R-La.) told reporters Tuesday that a sect of Republicans is now "looking at other places" to potentially pass the measure. Other Republicans opposed including the AI preemption in the defense bill, The Hill reported, joining critics who see value in allowing states to quickly regulate AI risks as they arise.

For months, Trump has pressured the Republican-led Congress to block state AI laws that the president claims could bog down innovation as AI firms waste time and resources complying with a patchwork of state laws. But Republicans have continually failed to unite behind Trump's command, first voting against including a similar measure in the "Big Beautiful" budget bill and then this week failing to negotiate a solution to pass the NDAA measure. [...]

"We MUST have one Federal Standard instead of a patchwork of 50 State Regulatory Regimes," Trump wrote on Truth Social last month. "If we don't, then China will easily catch us in the AI race. Put it in the NDAA, or pass a separate Bill, and nobody will ever be able to compete with America." If Congress bombs the assignment to find another way to pass the measure, Trump will likely release an executive order to enforce the policy. Republicans in Congress had dissuaded Trump from releasing a draft of that order, requesting time to find legislation where they believed an AI moratorium could pass. "The controversial proposal had faced backlash from a nationwide, bipartisan coalition of state lawmakers, parents, faith leaders, unions, whistleblowers, and other public advocates," the NDAA, a bipartisan group that lobbies for AI safety laws, said in a press release.

This "widespread and powerful" movement "clapped back" at Republicans' latest "rushed attempt to sneak preemption through Congress," Brad Carson, ARI's president, said, because "Americans want safeguards that protect kids, workers, and families, not a rules-free zone for Big Tech."

A federal judge has ordered OpenAI to hand over 20 million anonymized ChatGPT logs in its copyright battle with the New York Times and other outlets. Reuters reports: U.S. Magistrate Judge Ona Wang in a decision made public on Wednesday said that the 20 million logs were relevant to the outlets' claims and that handing them over would not risk violating users' privacy. The judge rejected OpenAI's privacy-related objections to an earlier order requiring the artificial intelligence startup to submit the records as evidence. "There are multiple layers of protection in this case precisely because of the highly sensitive and private nature of much of the discovery," Wang said.

An OpenAI spokesperson on Wednesday cited an earlier blog post from the company's Chief Information Security Officer Dane Stuckey, which said the Times' demand for the chat logs "disregards long-standing privacy protections" and "breaks with common-sense security practices." OpenAI has separately appealed Wang's order to the case's presiding judge, U.S. District Judge Sidney Stein.

A group of newspapers owned by Alden Global Capital's MediaNews Group is also involved in the lawsuit. MediaNews Group executive editor Frank Pine said in a statement on Wednesday that OpenAI's leadership was "hallucinating when they thought they could get away with withholding evidence about how their business model relies on stealing from hardworking journalists."

An anonymous reader quotes a report from Politico: Five months after releasing a plan to accelerate the development of artificial intelligence, the Trump administration is turning to robots. Commerce Secretary Howard Lutnick has been meeting with robotics industry CEOs and is "all in" on accelerating the industry's development, according to three people familiar with the discussions who were granted anonymity to share details. The administration is considering issuing an executive order on robotics next year, according to two of the people. A Department of Commerce spokesperson said: "We are committed to robotics and advanced manufacturing because they are central to bringing critical production back to the United States."

The Department of Transportation is also preparing to announce a robotics working group, possibly before the end of the year, according to one person familiar with the planning. A spokesperson for the department did not respond to a request for comment. There's growing interest on Capitol Hill as well. A Republican amendment to the National Defense Authorization Act would have created a national robotics commission. The amendment was not included in the bill. Other legislative efforts are underway. The flurry of activity suggests robotics is emerging as the next major front in America's race against China. "There is now recognition that advanced robotics is crucial to the U.S. in terms of manufacturing, technology, national security, defense applications, public safety," said Brendan Schulman, VP of policy and government relations for Boston Dynamics. "The investment that we're seeing in the sector and the efforts in China to dominate the future of robotics are being noticed."

India has withdrawn its order requiring Apple and other smartphone makers to preinstall the government's Sanchar Saathi app after public backlash and privacy concerns. AppleInsider reports: On November 28, the India Ministry of Communication issued a secret directive to Apple and other smartphone manufacturers, requiring the preinstallation of a government-backed app. Less than a week later, the order has been rescinded. The withdrawal on Wednesday means Apple doesn't have to preload the Sanchar Saathi app onto iPhones sold in the country, in a way that couldn't be "disabled or restricted." [...]

In pulling back from the demand, the government insisted that the app had an "increasing acceptance" among citizens. There was a tenfold spike of new user registrations on Tuesday alone, with over 600,000 new users made aware of the app from the public debacle. India Minister of Communications Jyotiraditya Scindia took a moment to insist that concerns the app could be used for increased surveillance were unfounded. "Snooping is neither possible nor will it happen" with the app, Scindia claimed.

"This is a welcome development, but we are still awaiting the full text of the legal order that should accompany this announcement, including any revised directions under the Cyber Security Rules, 2024," said the Internet Freedom Foundation. It is treating the news with "cautious optimism, not closure," until formalities conclude. However, while promising, the backdown doesn't stop India from retrying something similar or another tactic in the future.

An anonymous reader quotes a report from the New York Times: The San Francisco city attorney filed on Tuesday the nation's first government lawsuit against food manufacturers over ultraprocessed fare (source may be paywalled; alternative source), arguing that cities and counties have been burdened with the costs of treating diseases that stem from the companies' products. David Chiu, the city attorney, sued 10 corporations that make some of the country's most popular food and drinks. Ultraprocessed products now comprise 70 percent of the American food supply and fill grocery store shelves with a kaleidoscope of colorful packages. Think Slim Jim meat sticks and Cool Ranch Doritos. But also aisles of breads, sauces and granola bars marketed as natural or healthy.

It is a rare issue on which the liberal leaders in San Francisco City Hall are fully aligned with the Trump administration, which has targeted ultraprocessed foods as part of its Make America Healthy Again mantra. Mr. Chiu's lawsuit, which was filed in San Francisco Superior Court on behalf of the State of California, seeks unspecified damages for the costs that local governments bear for treating residents whose health has been harmed by ultraprocessed food. The city accuses the companies of "unfair and deceptive acts" in how they market and sell their foods, arguing that such practices violate the state's Unfair Competition Law and public nuisance statute. The city also argues the companies knew that their food made people sick but sold it anyway.

Apple does not plan to comply with India's mandate to preload its smartphones with a state-owned cyber safety app that cannot be disabled. According to Reuters, the order "sparked surveillance concerns and a political uproar" after it was revealed on Monday. From the report: In the wake of the criticism, India's telecom minister Jyotiraditya M. Scindia on Tuesday said the app was a "voluntary and democratic system," adding that users can choose to activate it and can "easily delete it from their phone at any time." At present, the app can be deleted by users. Scindia did not comment on or clarify the November 28 confidential directive that ordered smartphone makers to start preloading it and ensure "its functionalities are not disabled or restricted."

Apple however does not plan to comply with the directive and will tell the government it does not follow such mandates anywhere in the world as they raise a host of privacy and security issues for the company's iOS ecosystem, said two of the industry sources who are familiar with Apple's concerns. They declined to be named publicly as the company's strategy is private. "Its not only like taking a sledgehammer, this is like a double-barrel gun," said the first source.

The UK government plans to ban political donations made in cryptocurrency over fears of anonymity, foreign influence, and traceability issues, though the ban won't be ready in time for the upcoming elections bill. The Guardian reports: The government's ambition to ban crypto donations will be a blow to Nigel Farage's Reform UK party, which became the first to accept contributions in digital currency this year. It is believed to have received its first registrable donations in cryptocurrency this autumn and the party has set up its own crypto portal to receive contributions, saying it is subject to "enhanced" checks. Government sources have said ministers believe cryptocurrency donations to be a problem, as they are difficult to trace and could be exploited by foreign powers or criminals.

Pat McFadden, then a Cabinet Office minister, first raised the idea in July, saying: "I definitely think it is something that the Electoral Commission should be considering. I think that it's very important that we know who is providing the donation, are they properly registered, what are the bona fides of that donation." The Electoral Commission provides guidance on crypto donations but ministers accept any ban would probably have to come from the government through legislation. "Crypto donations present real risks to our democracy," said Susan Hawley, the executive director of Spotlight on Corruption. "We know that bad actors like Russia use crypto to undermine and interfere in democracies globally, while the difficulties involved in tracing the true source of transactions means that British voters may not know everyone who's funding the parties they vote for."

An anonymous reader quotes a report from the Wall Street Journal: The Trump administration has agreed to inject up to $150 million into a startup (source paywalled; alternative source) trying to develop more advanced semiconductor manufacturing techniques in the U.S., its latest bid to support strategically important domestic industries with government incentives. Under the arrangement, the Commerce Department would give the incentives to xLight, a startup trying to improve the critical chip-making process known as extreme ultraviolet lithography, the agency said in a Monday release. In return, the government would get an equity stake that would likely make it xLight's largest shareholder.

The Dutch firm ASML is currently the only global producer of EUV machines, which can cost hundreds of millions of dollars each. XLight is seeking to improve on just one component of the EUV process: the crucially important lasers that etch complex microscopic patterns onto chemical-treated silicon wafers. The startup is hoping to integrate its light sources into ASML's machines. XLight represents a second act for Pat Gelsinger, the former chief executive of Intel who was fired by the board late last year after the chip maker suffered from weak financial performance and a stalled manufacturing expansion. Gelsinger serves as executive chairman of xLight's board.

[...] The xLight deal uses funding from the 2022 Chips and Science Act allocated for earlier stage companies with promising technologies. It is the first Chips Act award in President Trump's second term and is a preliminary agreement, meaning it isn't finalized and could change. "This partnership would back a technology that can fundamentally rewrite the limits of chipmaking," Commerce Secretary Howard Lutnick said in the release.