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Intel snaps up 10 percent of chip fab machine maker ASML

07/10, 2:58am

Deal worth $3.1 billion in stock, with $1 billion in research

Hoping to speed the adoption of the next generation of chip-manufacturing processes, Intel will spend more than $4 billion to buy up to 15 percent of Dutch silicon wafer etch machine producer ASML. Intel will initially acquire 10 percent in the equipment supplier, and add an additional five percent if it wins shareholder approval for $3.1 billion in stock price. An additional $1 billion will be spent on research into 450mm wafer processes and extreme ultraviolet lithography.

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