Peter Thiel-Backed Startup Secures $100 Million to Make Chips in U.S.
PositiveTechnology

Peter Thiel-backed startup Substrate has secured $100 million in funding to establish semiconductor factories in the U.S. This is significant as it aims to leverage innovative laser-based technology to tackle the challenges in chip manufacturing. With the ongoing global semiconductor shortage, this initiative could enhance domestic production capabilities and reduce reliance on foreign suppliers, making it a crucial step for the U.S. tech industry.
— Curated by the World Pulse Now AI Editorial System


