This New Technology Could Kill TSMC and ASML
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The EUV Monopoly and its Limitations
The current advanced chip manufacturing landscape is dominated by TSMC for production and ASML for the essential EUV lithography machines, which are incredibly expensive and complex. As transistors shrink, EUV requires multi-patterning, adding significant cost and defect risks, pushing wafer costs to unsustainable levels.
Broader Implications: Cost Reduction and Innovation
If Substrate's technology succeeds, it could dramatically reduce the cost of advanced chip manufacturing, similar to how SpaceX's reusable rockets lowered launch costs. This would accelerate innovation, enable more startups, and expand the availability of compute for AI and other technologies.
