10 July 2012 Intel to invest $4.1bn in ASML to accelerate 450mm wafer and EUV developments Intel is to invest $4.1billion in lithography provider ASML to accelerate the development of 450mm wafer and extreme ultra violet (EUV) technology. The company says 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. "The transition from one wafer size to the next has historically delivered a 30 to 40% reduction in die cost and we expect the shift from today's standard 300mm wafers to larger 450mm wafers to offer similar benefits," commented Brian Krzanich, Intel senior vp and coo. "The faster we do this, the sooner we can gain the benefit of productivity improvements, which creates tremendous value for customers and shareholders." Intel says it will participate in a multi party development programme which includes funding ASML's R&D efforts as well as equity investments in the company. ASML will sell up to a 25% aggregate stake to Intel and other semiconductor manufacturers in the programme, but Intel's ownership stake will not exceed 15%. "We are extremely encouraged that Intel has made these investments, which will benefit every semiconductor manufacturer in the industry," said Eric Meurice, ASML president and ceo. "We hope to be able to announce additional investments by our other customers in the coming weeks." Author Simon Fogg Comment on this article Websites http://www.asml.comhttp://www.intel.co.uk/ Companies Intel Corporation (UK) Ltd This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. Enjoy this story? People who read this article also read... NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article Arrow buys Nu Horizons Arrow is buying Nu Horizons in an all cash deal which values the ... Read Article Claire Jeffreys, NEW Claire Jeffreys, events director, National Electronics Week, ... Read Article What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.