So many breakthroughs in hard drives, chips, transistor density, and other aspects of computing have come out of their labs.
Great to see them continuing to innovate.
But, yeah, usually they partner and license. Over the years, they've spun off more and more of their hardware businesses.
I wonder why isn't this more common.
Per IBM: "IBM Research at Albany [...] includes more than 100,000 square feet of semiconductor fabrication space"
I guess that is technically a R&D fab not a production one, but they definitely have in house fabrication capability
My understanding is that ASML's acquisition of Cymer in California (the actual EUV light source technology) in 2014 was only permitted under a strict technology sharing and export agreement with the US government. And that the technology development and production had to remain within the US.
The USA CHIPS Act and NY State have provided $100 billion+ in funding with the expectation that ASML's core R&D and "prototyping" like this will be done in the US in partnership with US companies (like IBM).