Etched is reviewing early investment offers valuing the AI-chip startup at 50 billion, roughly double its 700 million round.
Etched builds complete hardware systems around proprietary inference chips. Prominent investors propose 50B. No deal agreed; amount undisclosed; Etched declined comment.
Jane Street led Etched’s last 1 billion in customer orders including Jane Street after TSMC produced its test chip.
Etched operates a 10-megawatt Silicon Valley data center and Taiwan facility near TSMC. Another 300M at 700M at $21B (September).