Peter Thiel-Backed Startup Secures $100 Million to Make Chips in U.S.

URLhttps://www.wsj.com/tech/peter-thiel-backed-startu
SourceWSJ
Date Published10/28/2025
Author NameHeather Somerville

Additional Reshoring Information:

Company/Division name Substrate
Parent companySubstrate
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2025
Domestically, the work will be done:In-house
City reshored to:San Fransisco
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredmicrochips
What domestic positive factors made reshoring more attractive?Eco-system synergies, Image/brand, Lean/other business process improvement techniques
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