AI Chips
Etched Raised $700m at $21B, Led By Its Only Named Customer
A valuation that roughly doubled in 26 days, on one shipped rack — delivered to the firm that led the round.
Aug 19, 2026
#Etched
AI Chips
Etched Doubles to a $10.3 Billion Valuation Three Weeks After Showing Its Silicon
Sequoia led a $300 million Series C into an inference-only chip company that every major investor turned down in 2023 — and SK hynix, the world's leading AI-memory maker, came along.
Jul 24, 2026
AI Chips
AI Chip Startup Etched Is in Talks for a $20 Billion Valuation
The transformer-chip maker is negotiating two concurrent rounds — one near $20 billion, another near $10 billion — that would quadruple the $5 billion valuation it held just months ago, though neither has closed.
Jul 19, 2026
