bottleneckScore 80/100Research
Jensen Huang: NVIDIA's 2x annual logic production constrained by EUV machine availability from ASML
Jensen Huang· NVIDIA· AI· 2026-05-27· about ASML (ASML)
“Ultimately, that's bottleneck by memory and logic are bottlenecked by UV. How do you get to 2x as many EUV machines a year?... you could do all of that is easy to do within two or three years... NVIDIA to be generating two trillion in a year in revenue we need way more AUV machines.”
Why it matters
NVIDIA's ability to double annual logic output depends on ASML's EUV machine manufacturing capacity. This reveals a critical supply chain constraint for AI chip production at a time when NVIDIA is targeting multi-trillion dollar revenue scales.
Investment implication
ASML's EUV production becomes a strategic bottleneck for NVIDIA's growth. ASML stock price should benefit from increased demand signals, but investors must monitor whether ASML can actually 2x EUV machine output within 2-3 years.