ASML $ASML has announced a very interesting move. The company wants to work with the largest chipmakers to modify its most advanced High-NA EUV machines so that they can also produce larger chips for data centers, exactly the type of chips on which Nvidia, Google and other AI companies now depend.

Until now, there was a bit of a problem in that the new High-NA machines can print finer structures, but due to smaller masks they were limited in chip size. ASML now wants to switch to larger masks and thus get these machines to really large AI chips. The company also expects the change to increase system productivity by about 40%.

At the same time, it is clear that demand for lithography remains brutally strong. ASML posted revenue of 9.3 billion euros in the last quarter, net profit of 2.9 billion euros and a gross margin of 54%. The company now expects full-year revenue between 43 and 45 billion euros.

ASML says that for 2027 it already has orders for classic EUV machines almost sold out and plans to increase their capacity by about 30%. It is considering a similar increase for 2028.

So while Nvidia, AMD or Google's and Amazon's own AI chips are being discussed everywhere, ASML still sits at the very beginning of the entire chain. Without its machines, the most advanced chips are simply very difficult to manufacture.

Do any of you have ASML shares in your portfolio? And do you still think it is one of the most interesting European technology companies?