ASML made a technological step after a decade-and-a-half of R&D. They invented and commercialized a new type of laser, which allows the EUV production process.

ASML made a technological step after a decade-and-a-half of R&D. They invented and commercialized a new type of laser, which allows the EUV production process. ASML is the reason the chips of the past two years have been making such performance gains, after multiple years of marginal improvements.