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Semiconductor manufacturer Intel has agreed to invest up to $4.1 billion in Dutch chip-equipment maker ASML Holding in an attempt to shorten adoption of new production techniques by two years, according to Bloomberg. Intel said it will take an initial 10 percent stake in ASML for approximately $2.1 billion and later another 5 percent for $1 billion, pending shareholder approval. The Dutch firm is also in talks with Samsung Electronics and Taiwan Semiconductor Manufacturing Co. to sell up to another 10 percent of its shares.
Intel invests $4.1 billion in ASML
Intel agreed to invest up to $4.1 billion in chip-equipment maker ASML Holding in an attempt to shorten adoption of new production techniques.
July 11, 2012