Semis Funding Heats Up, Groq, Block and China
Money is flowing into logic chips, Groq's Series D, Chinese sanctions play into Block's 3nm ASIC strategy
The logic chip fundraising climate is heating up. Investors sat on the sidelines in 2022 and 2023 when money was cheap, but the Gen AI boom is getting investors back in the game.
Plotting their fundraising progress on a timeline reveals many interesting insights: