Nope, the 250W mentioned is the power for the EUV source that the foundry tech uses. This is unrelated to the power draw of the products that are made by it.
The wattage indicates the number of photons that are exposed to the wafer at any given time. Energy is measured in watts, so a 250W EUV source can deliver 250 Watts worth of photons to the silicon wafer per second.
Long story short the higher wattage the EUV equipment the faster each silicon wafer is produced. The fact that they couldn't create EUV tech that is this powerful before has prevented the tech from being used before now.