Somewhere between managing a 300mm wafer fab for one of America's largest chipmakers and watching the semiconductor industry churn through the same broken vendor relationships, Farhat Jahangir made a decision that most executives in his position never do. He quit. He founded something.
The company is GS Microelectronics - GSME - and it is now, in early 2026, a $53M-funded semiconductor platform operating out of San Jose, California with 120 employees, two acquisitions in the books, and a Series B round closed in January 2026. It is not a company in stealth. It is a company mid-stride.
What Jahangir is building is distinct from the usual Silicon Valley chip startup pitch. He is not chasing a single breakthrough node, a proprietary architecture, or a narrow vertical. He is going after something harder: the infrastructure layer itself. The part where design houses, foundries, supply chains, and customers talk past each other at enormous cost. His stated mission - to transform semiconductor services into "a transparent, value-driven ecosystem" - sounds like consultant-speak until you understand the 25 years of operational specifics behind it.
He has run OSAT operations. He has managed yield improvements at scale. He has seen how a $1.1B acquisition absorbs a company. The frustrations he is solving at GSME are not abstract.