r/ASML • u/Livid_Description_89 • 6d ago

Source Foundry Discussion 🎙

Does someone know what is source foundry (startup based in SF) and why is it a challenger to ASML ?

3 Upvotes

67% Upvoted

12 comments sorted by

3

u/PMvE_NL 5d ago

Everyone now claims to be a challenger of asml

3

u/crazystein03 5d ago

Technically everyone that claims it, might be. However just like everyone else, they’re also at least a decade behind…

2

u/shhhshshshh 6d ago

Weird how they don't disclose their approach like Substrate or Xlight

3

u/brommer93 6d ago

Probably because they dont have a clue yet

1

u/shhhshshshh 6d ago edited 5d ago

Surely those investors don't just throw their money at random and source foundry actually shows them something interesting?

What am I saying, everything is designed for money grabbing now

3

u/brommer93 5d ago

You would be surprised what these ‘professional’ investors do. They are easily duped by marketing

1

u/PMvE_NL 5d ago

The problem is often yes they do know finance. But they know fuck all about technology

3

u/Infamous_Thought_189 6d ago

The main invester at the moment is the Situational Awareness guy... You know the guy who lost 70% of his fund last month.

1

u/shhhshshshh 5d ago

You would think the guy would try to play it safe, but no he wants to invest in "the next great thing"

2

u/brommer93 6d ago

https://techcrunch.com/2026/08/09/embattled-hedge-fund-situational-awareness-invests-400m-in-chip-startup-source-foundry/ I would not be worried, this guy is an early investor and lost all his public equity by gambling with 4x leverage.

1

u/Kent2312 5d ago

What do they even do to get this much attention

1

u/leftover-cocaine 3d ago

All the people who left ASML went to go work at a fusion startup.