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Intel announced that it has entered into a series of agreements with ASML Holding N.V. The chipmaker has pledged a serious amount of cash, that is of approximately $4.1 billion to get things rolling, and will intended to accelerate the development of 450mm wafer technology and extreme ultra-violet lithography. The company comment on the R&D funding of approximately $680 million to assist ASML in accelerating the development and delivery of 450-mm manufacturing tools, as well as an equity investment of approximately $2.1 billion for approximately 10 percent of ASML’s pre-transaction issued shares. The company president and chief executive officer Eric Meurice said that “We are extremely encouraged that Intel has made these investments, which will benefit every semiconductor manufacturer in the industry, “and he added “We hope to be able to announce additional investments by our other customers in the coming weeks.”
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