A San Francisco startup called Substrate has raised $100 million to take on ASML’s monopoly in chip-making equipment. Their technology promises to cut costs in half, but can they really compete with a decade of industry dominance?
TSMC has announced a record $15 billion net profit for the third quarter, representing a nearly 40% surge driven by artificial intelligence demand. The world’s largest semiconductor manufacturer exceeded analyst expectations as revenue jumped 30% year-on-year amid global expansion efforts.
Taiwan Semiconductor Manufacturing Company (TSMC) has reported a record net profit of approximately $15 billion for the July-September quarter, according to the company’s latest financial disclosure. The world’s largest semiconductor manufacturer saw its net profit surge nearly 40% compared to the same period last year, significantly exceeding analyst forecasts.
Dutch semiconductor giant ASML is working to calm investor fears about 2026 growth while simultaneously warning of significant sales declines in China. The company’s guidance comes amid ongoing geopolitical tensions and export restrictions affecting the global chip industry.
ASML Holding, the Dutch semiconductor equipment manufacturer that recently became Europe’s most valuable listed company, is navigating a complex landscape of growth assurances and market warnings. The company has moved to reassure investors that 2026 total net sales won’t fall below 2025 levels, while simultaneously cautioning about significant sales declines in China for the coming year.
