Intel is buying another monster chip machine from ASML

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Intel is buying another monster chip machine from ASML
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Intel is in the process of receiving the second of ASML's new €350-million 'High NA' EUV tools, CEO Pat Gelsinger said.

Intel is in the process of receiving the second of ASML 's new €350-million"High NA" EUV tools, CEO Pat Gelsinger said. ASML employees pose in front of the partially completed frame of the company’s ‘High NA EUV’ tool in this file photo from 2022process of receiving the second of ASML ’s new €350-million “High NA” EUV tools, CEO Pat Gelsinger said, according to a transcript of the company’s 1 August earnings call.

“The second High NA tool is coming into our Oregon facility,” Gelsinger said on the call, adding that the company’s technology investments are “showing good early indicators”.ASML A successful introduction of High NA is key to ASML’s future as Europe’s largest technology firm, but there is some doubt as to when exactly customers will adopt it.

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