Canon’s game-changing chipmaking tech challenges ASML’s dominance. Go, Canon

Canon has developed a new chipmaking technology that could challenge the market dominance of Dutch company ASML. Canon’s “nanoimprint lithography machines” use a stamping process to produce chips, reducing costs and energy consumption compared to ASML’s method of etching chips with extreme ultraviolet light. Canon plans to start shipping the machines this year. While some critics argue that Canon’s technology is not as effective as it seems and would require significant changes in the chip manufacturing process, Canon sees the two technologies coexisting. This development could impact ASML’s standing in the semiconductor market, which is already being affected by tensions between the US and China.