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1 day agoU.S. chip startup Substrate unveils tool to compete with ASML
Substrate, a U.S. startup, announced it has developed a chip-making lithography tool using X-ray technology that aims to rival equipment from Dutch giant ASML. The tool has been demonstrated at U.S. national labs and the company said it raised $100 million at a valuation exceeding $1 billion. If successful, the technology could reshape semiconductor production and reduce costs for advanced chips. The move also aligns with U.S. efforts to bolster domestic chip-manufacturing infrastructure amid global supply-chain competition.
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positive
1 day agoU.S. chip startup Substrate unveils tool to compete with ASML
Substrate, a U.S. startup, announced it has developed a chip-making lithography tool using X-ray technology that aims to rival equipment from Dutch giant ASML. The tool has been demonstrated at U.S. national labs and the company said it raised $100 million at a valuation exceeding $1 billion. If successful, the technology could reshape semiconductor production and reduce costs for advanced chips. The move also aligns with U.S. efforts to bolster domestic chip-manufacturing infrastructure amid global supply-chain competition.
Explore:Mutual Fund Categories
positive
U.S. chip startup Substrate unveils tool to compete with ASML
2 days ago
1 min read
77 words
Startup Substrate developed an X-ray lithography tool to take on ASML and boost U.S. chip-manufacturing capability.
Substrate, a U.S. startup, announced it has developed a chip-making lithography tool using X-ray technology that aims to rival equipment from Dutch giant ASML. The tool has been demonstrated at U.S. national labs and the company said it raised $100 million at a valuation exceeding $1 billion. If successful, the technology could reshape semiconductor production and reduce costs for advanced chips. The move also aligns with U.S. efforts to bolster domestic chip-manufacturing infrastructure amid global supply-chain competition.
Substrate, a U.S. startup, announced it has developed a chip-making lithography tool using X-ray technology that aims to rival equipment from Dutch giant ASML. The tool has been demonstrated at U.S. national labs and the company said it raised $100 million at a valuation exceeding $1 billion. If successful, the technology could reshape semiconductor production and reduce costs for advanced chips. The move also aligns with U.S. efforts to bolster domestic chip-manufacturing infrastructure amid global supply-chain competition.
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startups
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Oct 28, 2025 • 22:58 IST







































