Sub-1nm logic scaling with IBM

A joint research effort to develop new materials, etch and deposition processes, and High-NA EUV lithography for logic chips below 1 nanometre. The work runs at IBM's NY Creates Albany NanoTech Complex, where Lam supplies process tools. The companies have not named any chipmaking partner or a production date.

Why it matters to the stock. Equipment makers that help define a node early tend to keep the first production orders for later generations. The programme is a long-dated option, not a near-term revenue driver.