Intel is taking another of ASML's High NA tools, says CEO

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AMSTERDAM : Intel is in the process of receiving the second of ASML's new 350 million euro ($383 million) "High NA" EUV tools, CEO Pat Gelsinger said, according to a transcript of the company's Aug.1 earnings call.

The remark did not draw attention amid Intel's dramatic slump on worries about its turnaround prospects.

TSMC, which makes chips for Nvidia and Apple, will receive a tool this year but has not said when it will use it in production.

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Category: EconomyBusiness

Markets: Singapore

Topics: Technology Tool Intel Computer Company Chip Asml Gelsinger 2024 Receiving Second

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 22:15:33 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 358 words

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