ReferIndia News US startup Substrate announces chipmaking tool that it says will rival ASML

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US startup Substrate announces chipmaking tool that it says will rival ASML

Published on: Oct. 28, 2025, 7:26 p.m. | Source: The Economic Times

U.S. startup Substrate claims to have developed a chipmaking tool that can rival ASML's advanced lithography equipment. This innovation is the first step in their plan to establish a U.S.-based contract chip-manufacturing business, aiming to significantly reduce chipmaking costs and compete with TSMC. The company has secured $100 million in funding and attracted interest from government officials.

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