US Startup Substrate Announces Chipmaking Tool That It Says Will Rival ASML

An anonymous reader quotes a report from Reuters: Substrate, a small U.S. startup, said on Tuesday that it had developed a chipmaking tool capable of competing with the most advanced lithography equipment made by Dutch firm ASML. Substrate’s tool is the first step in the startup’s ambitious plan to build a U.S.-based contract chip-manufacturing business that would compete with Taiwan’s TSMC in making the most advanced AI chips, its CEO James Proud told Reuters in an…