The semiconductor industry is dominated by giant companies like TSMC, Intel, and Nvidia. But more and more startups are beginning to emerge in the space, and one promising example is based Canada. Untether AI is a specialized chipmaker focusing on applications where energy efficiency and speed are critical. To date, it's raised more than $200 million. Untether's CEO Chris Walker joins us on this episode to talk about the chip business, how smaller players can compete with the Nvidia's of the world, and (patiently) explain to us how the actual hardware of chips works.