Intel Announces $4.1 Billion Investment In ASML
Intel has invested $4.1 billion into a Dutch semiconductor equipment company called ASML. ASML is developing two new technologies that will make more powerful chips called extreme ultra-violet (EUV) lithography and 450 millimeter wafers. This will allow Intel to make smaller chips that use less power.
The terms of the deal will take place over 5 years and will include Intel taking a 15% stake in ASML. Intel is putting $3.3 billion into ASM’s R&D programs as well. Buying a stake in ASM will not give Intel any preferential treatment.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry