Seeking edge over rivals, Intel first to assemble ASML's next-gen chip tool [Yahoo! Finance]
Intel Corporation (INTC)
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Source: Yahoo! Finance
new "High NA EUV" lithography tools, an important part of the U.S. computer chip maker's drive to outshine rivals. Intel was the first company to buy one of the 350 million euro ($373 million) machines made by top chip equipment supplier ASML. The tools are expected to lead to new generations of smaller, faster chips, though there are financial and engineering risks involved. "We agreed to the pricing when we committed to the tools and we would not have done that if we were not confident there were cost-effective uses for it," Intel's director of lithography Mark Phillips said in a briefing with journalists. ASML, Europe's largest tech firm, dominates the market for lithography systems, machines that use beams of light to help create the circuitry of chips. Lithography is one of many technologies chipmakers use to improve chips, but it is a limiting factor in how small the features on a chip can be - smaller means faster and more energy efficient. The High NA tools are expec
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