Wednesday, 19 August

Wednesday, 19 August2026

Chipping Away at Nvidia: Etched Hits $2.1B Valuation in $700M AI Hardware Bet

By TechShots Studio
Chipping Away at Nvidia: Etched Hits $2.1B Valuation in $700M AI Hardware Bet
AI chip startup Etched has secured $700 million in a new funding round, pushing its valuation to $2.1 billion. The capital injection will accelerate the development and deployment of its specialized hardware designed specifically for AI inference workloads, positioning the company as a key emerging contender in the rapidly expanding global AI infrastructure and semiconductor landscape.

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