Intel to take another of ASML's High NA EUV tools, says CEO Pat Gelsinger

INSUBCONTINENT EXCLUSIVE:
Intel plans to use the technology in commercial production by 2027 | Photo: Bloomberg2 min read Last Updated : Aug 05 2024 | 10:03 PM
IST 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
coming into our Oregon facility," Gelsinger said on the call, adding that the company's technology investments are "showing good early
company had begun shipping a second High NA tool to an unnamed customer, and that it will only book revenues for the first, and possibly the
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. ASML CEO
Christophe Fouquet said on July 17 that DRAM memory chip makers - meaning Samsung, SK Hynix or Micron - may begin using High NA in 2025 or
2026.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is
auto-generated from a syndicated feed.)First Published: Aug 05 2024 | 10:03 PMIST