Austin-based Fab2 raised a $500 million Series A at a $3.7 billion valuation, and Irvine-based Celero Communications reached a valuation above $3 billion, according to Crunchbase's report on September's new unicorns. Semiconductors were the leading sector by count.
Chip startups have drawn capital as AI demand outstrips supply, though the October sell-off in memory and AI stocks shows public-market sentiment can turn quickly. Valuations here are from private rounds.
Source: Crunchbase News