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

Substrate aims to produce 12-nanometer chip features with smaller, cheaper X-ray lithography machines to revive US chip manufacturing, backed by $100 million in funding.

SAN FRANCISCO :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-manufacturi

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Bloomberg broke the news in United States on Tuesday, October 28, 2025.
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