Intel orders ASML system for well over $340 million in quest for chipmaking edge


FILE PHOTO: The company logo of Dutch chipmakers ASML is seen on the headquarters in Veldhoven, October 14, 2009. REUTERS/Michael Kooren

AMSTERDAM (Reuters) - Intel has placed the first order with ASML for a new, advanced chipmaking tool that will cost "significantly" more than $340 million, as semiconductor manufacturers look to get ahead in a booming industry.

Alongside better-than-expected fourth-quarter earnings, ASML said on Wednesday it had received orders for five of its next- generation lithography machines, plus an order for an even newer model that is still being designed.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Ukraine says Russian cyberattack hits state registries but no data lost
Exclusive-US data-center power use could nearly triple by 2028, DOE-backed report says
Italy fines OpenAI over ChatGPT privacy rules breach
UK watchdog says $35 billion Synopsys-Ansys deal raises competition concerns
EU approves Nvidia's acquisition of Run:ai
Malaysia approves Data Sharing Bill 2024 for federal government agencies
MITRS online platform available from April 2025
MCMC publishes code of conduct for Internet and social media providers
Disruptive 10-minute deliveries spread to India’s food business
Slovak battery maker InoBat raises 100 million euros in latest funding round

Others Also Read