Global chip stocks have shed billions over the past week, following reports that a Chinese player has started mass-producing chipmaking machines, threatening the moats enjoyed by incumbents.
Pro
Analysis
July 30, 2026
Why European VCs are quietly cheering the chip rout
The chip rout could put more emphasis on next-generation chip design and architecture, say investors
4 min read
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Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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