Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections

techcrunch.com Jul 3, 2026

Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections

Curated by Shubham · TechCapsules · Jul 3, 2026

AI-summarised brief · reviewed before publication

Thiel Capital's Jack Selby has secured stakes in hot startups like Etched through Arizona connections. Etched, a four-year-old Nvidia competitor valued at $5 billion, has manufactured its first chip with TSMC and plans to ship systems to customers later this summer. However, the startup must navigate limited capacity at TSMC's Taiwan factories, and Selby's Copper Sky Capital hopes to find a solution by eventually producing chips at Arizona's TSMC facility. Selby's investment thesis focuses on bridging the gap between coastal startups and those in the Southwest, with a goal of recruiting out-of-state businesses to set up manufacturing operations in Arizona.

💡 Why It Matters

· Selby's influence in Arizona's economy and his connections to the semiconductor industry could help the state become a hub for chip fabrication, reducing reliance on Taiwan-based manufacturing and creating new opportunities for startups and businesses.

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