Explained: The $400 million ASML 'printers' key for the AI chip boom

ASML, Europe's most valuable company, holds a monopoly on the extreme ultraviolet (EUV) lithography machines essential for manufacturing advanced AI chips. Its newest "High NA" EUV systems, costing up to $400 million each, are critical for the next generation of semiconductors being developed by companies like Intel and TSMC.

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