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Intel (INTC) is investing $4.1B in chip equipment maker ASML. Intel will buy a 10% stake in ASML...

Intel (INTC) is investing $4.1B in chip equipment maker ASML. Intel will buy a 10% stake in ASML for $2.1B, and promises to eventually buy another 5%. In addition, Intel is committing $1B to ASML's R&D programs for cutting-edge technologies such as 450mm wafers and EUV lithography. Such a huge investment in a chip equipment maker is rare for Intel, and indicates the company is bent on maintaining a manufacturing lead over Samsung and TSM. ASML +5.5% AH. INTC -0.9%.
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Comments (2)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Meanwhile, AMD just issued a profit warning...
    9 Jul 2012, 04:34 PM Reply Like
  • 153972
    , contributor
    Comments (908) | Send Message
     
    And your point is that AMD is remotely equal to INTC?
    10 Jul 2012, 11:25 PM Reply Like
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