Canon challenges ASML dominance with new chipmaking tech that could lead to cheaper chips

The chips we know and love are made with some of the most advanced manufacturing methods on the planet. The smallest nodes require billions of dollars in capital expenditures, a big part of which goes to Extreme Ultraviolet Lithography machines manufactured by ASML, the current market leader. But there’s a new challenger and some exciting tech on the horizon that aims to change the status quo, potentially leading to a fall in the cost of chips.

Japan-based electronics giant Canon (via Bloomberg) has developed what it calls Nanoimprint Lithography technology that it claims could scale down to 2nm. That’s small enough to rival EUV lithography, but the more important part of this news is the claim that Canon’s technology will have a price of “one digit less than ASML’s EUV tools”. In other words, Canon’s tech should cost just a tenth of an equivalent ASML machine.