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

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

Startups16 hours ago· TechCrunch

Etched, a competitor to Nvidia in the AI chip market, has reached a valuation of $5 billion and secured $1 billion in sales for its inference systems powered by its chip. The company has already booked $1 billion under contract for these systems, showcasing strong demand for its technology.

Etched, a competitor to Nvidia in the AI chip market, has reached a valuation of $5 billion and secured $1 billion in sales for its inference systems powered by its chip. The company has already booked $1 billion under contract for these systems, showcasing strong demand for its technology.

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