Arab Today, arab today intel pumps billions into computer chip tool maker
Last Updated : GMT 21:02:08
Arab Today, arab today
Arab Today, arab today

Intel pumps billions into computer chip tool maker

Arab Today, arab today

Arab Today, arab today Intel pumps billions into computer chip tool maker

London - AFP

Intel Corporation announced that it will pump billions of dollars into ASML Holding during the next five years to speed up advances in tools for making computer chips. Intel said it would spend approximately $4.1 billion (3.3 billion euros) investing in research at and buying an equity stake in the Dutch firm to speed development of technology for chips made on 450-millimeter diameter wafers. \"The objective is to shorten the schedule for deploying the lithography equipment supporting these technologies by as much as two years, resulting in significant cost savings and other productivity improvements for semiconductor manufacturers,\" Intel said in a statement released on Monday. The first phase of the scheme will consist of Intel committing about $680 million to ASML for research and development of 450-mm chip manufacturing equipment and buying a 10 percent stake in the firm for about $2.1 billion. Approval of ASML stockholders is needed for the second part of the plan, in which Intel would provide an additional $340 million to ASML forresearch and acquire another five percent of the company for about $1 billion. \"The transition from one wafer size to the next has historically delivered a 30 to 40 percent reduction in die cost and we expect the shift from today\'s standard 300-mm wafers to larger 450-mm wafers to offer similar benefits,\" said Intel chief operating officer Brian Krzanich. \"The faster we do this, the sooner we can gain the benefit of productivity improvements.\" ASML said that it intended to sell up to a 25 percent aggregate stake in the company to Intel and other semiconductor manufacturers as part of the innovative program to fund research. California-based Intel\'s stake in ASML was not to exceed 15 percent of ASML\'s shares, according to the companies. \"We are extremely encouraged that Intel has made these investments, which will benefit every semiconductor manufacturer in the industry,\" ASML chief executive Eric Meurice said in a release. \"We hope to be able to announce additional investments by our other customers in the coming weeks.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today intel pumps billions into computer chip tool maker Arab Today, arab today intel pumps billions into computer chip tool maker

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today intel pumps billions into computer chip tool maker Arab Today, arab today intel pumps billions into computer chip tool maker

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday