ASML to ship first pilot tool in its next product line in 2023 -CEO

AMSTERDAM: ASML will ship the first pilot tool in its next product line this year as planned, the semiconductor equipment maker’s CEO Peter Wennink said, despite some supplier hold-ups.

The High NA EUV machines, which are the size of a truck and will cost more than $300 million euros each, are needed by top chipmakers in order for them to be able to manufacture smaller, better chips for the coming decade.

ASML, which is Europe’s largest technology firm, dominates the market for lithography, a key step in the chipmaking process where focused beams of light are used to help create circuitry.