UK researchers employed synchrotron X-ray and neutron techniques to systematically study the tempering behavior of additively manufactured S390 high-speed steel. This high-alloy tool steel offers 1.5 times longer lifespan and over 20% higher cutting speeds in precision manufacturing compared to conventional grades. The study found that metastable M2C carbides dissolve during austenitization, while stable MC and M6C carbides coarsen by about 60 nm after just 2 minutes of tempering. The austenite lattice parameter decreases from 3.618 to 3.608 Å within the first 10 minutes of tempering, indicating matrix carbon depletion associated with secondary carbide formation. Small-angle scattering confirmed the presence of nanoscale precipitates with a volume fraction of 3.1% after 60 minutes of tempering, yielding a peak hardness of 921 HV. This research reveals the critical role of nano-carbides in strengthening 3D-printed tool steel, provides key insights for optimizing post-processing of high-performance mold steels, and holds guiding significance for advancing the commercialization of additively manufactured high-alloy steels.