Intel Invests $4B To Boost ASML's Chip Development

Law360, New York (July 09, 2012, 11:34 PM ET) -- Intel Corp. said Monday that it will invest €3.3 billion ($4.1 billion) in Dutch chip equipment maker ASML Holding NV, including a purchase of 15 percent of ASML's shares, to develop new computer chip technology.

Intel's investment is meant to accelerate the development of 450-millimeter wafer technology and extreme ultraviolet lithography by as much as two years, which should result in cost savings and productivity improvements for semiconductor makers, according to the company.

"The transition from one wafer size to the next has historically delivered a...
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