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TechCrunch·3 min read·medium

With EU backing, QuantumDiamonds aims to speed up chip manufacturing

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Anna Heim
With EU backing, QuantumDiamonds aims to speed up chip manufacturing
AI Summary

German startup QuantumDiamonds has secured €76 million in EU-backed funding to scale its semiconductor testing technology. The company aims to drastically reduce chip inspection times, helping manufacturers improve production efficiency and reduce costs.

The race to produce more chips is on, and Europe is in. ASML , the Dutch company that has a near-monopoly on manufacturing the machines used for chipmaking, may soon no longer be an isolated success story.

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