US funds $1bn centre to take on ASML in EUV lithography

The $825m EUV Accelerator will be hosted at the Albany NanoTech Complex as the first CHIPS for America R&D flagship facility with additional funding from users. A key player is expected to be US company Applied Materials which competes directly with ASML, which in June opened a similar lab with imec in Belgium

ASML is one of the most important companies in the world. The entire planet’s 21st-century technology is dependent on their irreplaceable chip-making expertise.

The United States should–as much as possible, without upsetting the Dutch–grant blank checks to any competent American competitor.

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I hope the CHIPs act is not the only avenue of funding this technology.