Semiconductors

Etched in Talks to Raise 00M Led by Jane Street at 1B Valuation

AI inference chip startup Etched is in negotiations to raise $700 million in a new financing round led by existing investor Jane Street, according to reporting from The Wall Street Journal. The proposed financing would value the San Jose-based semiconductor company at approximately $21 billion. The planned round follows a $300 million Series C led by Sequoia Capital that valued the startup at $10.3 billion, effectively doubling its valuation within weeks amid intensifying enterprise demand for

Inside Pax Silica, the US push to weld AI supply chains to its allies

SK hynix commits $39 billion to two new fabs as AI memory demand reshapes its roadmap

SK hynix's board has approved 54 trillion won (about $39 billion) to build two new memory fabrication plants, the company announced on August 7, 2026, turning the first two arms of a much larger investment plan into funded construction schedules. The larger project, Y2, is the second fab at the Yongin Semiconductor Cluster. At 35.2 trillion won it is a DRAM plant of roughly 1.13 million square meters, with ground breaking set for July 2027 and its first cleanroom opening in June 2029 to produce