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

|About: Intel Corporation (INTC)|By:, SA News Editor

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%.