TSMC finds ASML chip gear too expensive

Taiwan Semiconductor Manufacturing Co. (TSMC) has decided to postpone the adoption of ASML Holding NV's latest, most advanced lithography machines until after 2029. This strategic decision is primarily driven by cost-saving measures, as TSMC deems the cutting-edge equipment prohibitively expensive for current chip production needs. The delay represents a significant potential setback for ASML, a key supplier in the semiconductor industry, impacting its revenue projections and market strategy for its high-priced technology. This move underscores the intense cost pressures faced by leading chip manufacturers in optimizing their production investments.