Chipmaker Intel (INTC.O) said on Friday that it has commenced high-volume manufacturing at its $18.5 billion factory in Ireland utilizing extreme ultraviolet (EUV) lithography tools. Intel referred to this development as a “landmark” moment in its efforts to reclaim ground on its competitors.

Once the largest chip producer in the world, Intel has since lost its position to Taiwan Semiconductor Manufacturing Co (2330. TW). However, the company claims it is on course to restore its former position. It is developing manufacturing technologies that will compete with the finest that the Taiwanese organization has to offer.

According to the American business, the EUV tools, theoretically accurate enough to target a person’s thumb with a laser pointer from the moon, will play a vital part in fulfilling Intel’s objective of delivering five generations of technology in four years. The EUV tools are also potentially exact enough to strike a person’s thumb with a laser pointer from the moon.

Ann Kelleher, general manager of technological development at Intel, told Reuters that the company was on pace to fulfill this goal since two of its production processes had already been finished, a third was “coming rapidly,” and the other two were making excellent progress.

It is the first high-volume facility for the group’s Intel 4 manufacturing process, which uses EUV. The plant is located in the town of Leixlip, which is just outside of Dublin. This method will allow the production of its next “Meteor Lake” processor for laptops, which would pave the road for artificial intelligence personal computers.

Each EUV machine, manufactured by the Dutch company ASML (ASML.AS), is as large as a bus and costs over $150 million to purchase.

Seven of them operate in the facility, and they are part of an ongoing procession of overhead robots that race down a track that is 22 kilometers long and cost the same as an average BMW automobile. These robots are responsible for transporting silicon wafers from one tool to another.

Kelleher stated that Intel anticipates that it will acquire its first next-generation extreme ultraviolet lithography equipment, known as the High-NA EUV, in Oregon later this year. According to the business, it will be the first chipmaker in the world to acquire the equipment ASML also developed.

Before distributing the manufacturing template to other locations, Intel normally completes the last stages of developing new production processes in a research and development facility in Hillsboro, Oregon, a suburb of Portland.

In addition to its facilities in Ireland, Intel intends to construct a sizable chip complex in Germany and a facility in Poland to manufacture and test semiconductors.

As part of the European Union’s (EU) effort to reduce its reliance on supplies originating in the United States and Asia, the funding regulations and subsidies for the new sites will be loosened.

The CEO of Intel, Pat Gelsinger, referred to the inauguration of the Irish facility as the “best day for Europe” when he made the announcement.