Thiel-Backed Startup Targets US Chip Comeback
October 28, 2025
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6:05Now PlayingThiel-Backed Startup Targets US Chip Comeback
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as posted by the channelStartup Substrate is aiming to rebuild US dominance in chipmaking with technology it says can rival ASML. The $1 billion startup has backing from investors including Founders Fund and General Catalyst and has spoken to members of the Trump administration about its plans. Substrate CEO James Proud joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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