ASML boosts chip production potential with more powerful EUV lithography machines

ASML announced a breakthrough in its EUV lithography machines, potentially boosting chip production by 50% by 2030. The company, the sole global manufacturer of these critical machines, has increased the power of its light source from 600 to 1,000 watts, enabling faster chip printing and reduced costs. This advancement is crucial for chipmakers like TSMC and Intel, with governments previously restricting sales to China due to the technology's importance.