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Published June 30, 2026 at 6:13 PM

TechCrunch

Jul 1, 2026, 6:00 AM

Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip

Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip

Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.

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Canonical URL for this story: https://techcrunch.com/2026/06/30/nvidia-competitor-etched-hits-5b-valuation-1b-in-sales-for-ai-chip/