• Latest
  • Trending
Intel orders ASML system for well over $340 million in quest for chipmaking edge

Intel orders ASML system for well over $340 million in quest for chipmaking edge

January 19, 2022
ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023
Co-Creation Hub’s edtech accelerator puts $15M towards African startups

Co-Creation Hub’s edtech accelerator puts $15M towards African startups

February 20, 2023
Data Leak Hits Thousands of NHS Workers

Data Leak Hits Thousands of NHS Workers

February 20, 2023
EU Cybersecurity Agency Warns Against Chinese APTs

EU Cybersecurity Agency Warns Against Chinese APTs

February 20, 2023
How Your Storage System Will Still Be Viable in 5 Years’ Time?

How Your Storage System Will Still Be Viable in 5 Years’ Time?

February 20, 2023
The Broken Promises From Cybersecurity Vendors

Cloud Infrastructure Used By WIP26 For Espionage Attacks on Telcos

February 20, 2023
Instagram and Facebook to get paid-for verification

Instagram and Facebook to get paid-for verification

February 20, 2023
YouTube CEO Susan Wojcicki steps down after nine years

YouTube CEO Susan Wojcicki steps down after nine years

February 20, 2023
Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022
8 Most Common Causes of a Data Breach

5.7bn data entries found exposed on Chinese VPN

August 18, 2022
  • Consumer Watch
  • Kids Page
  • Directory
  • Events
  • Reviews
Friday, 29 September, 2023
  • Login
itechnewsonline.com
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion
Subscription
Advertise
No Result
View All Result
itechnewsonline.com
No Result
View All Result

Intel orders ASML system for well over $340 million in quest for chipmaking edge

by ITECHNEWS
January 19, 2022
in Business, Leading Stories
0 0
0
Intel orders ASML system for well over $340 million in quest for chipmaking edge

ntel has placed the first order with ASML for a new, advanced chipmaking tool that will cost “significantly” more than $340 million, as semiconductor manufacturers look to get ahead in a booming industry.

Alongside better-than-expected fourth-quarter earnings, ASML said on Wednesday it had received orders for five of its next- generation lithography machines, plus an order for an even newer model that is still being designed.

YOU MAY ALSO LIKE

ATC Ghana supports Girls-In-ICT Program

Vice President Dr. Bawumia inaugurates ICT Hub

In a separate joint statement, the companies said Intel was the buyer.

ASML’s most advanced machines in current commercial production, known as EUV lithography systems because of the “Extreme Ultraviolet” light waves they use to map out the circuitry of computer chips, are as big as a bus and cost around $150 million each.

A cutting-edge chip plant needs 9-18 of these machines, which are one of the biggest capital costs for chipmakers.

ASML is the only maker of such machines and its EUV customers include the world’s biggest chipmakers, TSMC of Taiwan, Samsung of South Korea and Intel, among others.

ASML said it has received orders for five prototypes of the next iteration of the system, known as “High NA” EUV machines, which will have a different optical system with a higher numerical aperture, will be even larger, and cost around $300 million each.

The first prototypes are to be shipped to customers for testing in 2023, CFO Roger Dassen said at a post-earnings press conference.

Intel, which is trying to win back its position as maker of the smallest and fastest chips from current leader TSMC, had previously identified itself as the first buyer of a prototype High NA machine, ASML’s EXE:5000.

Intel said on Wednesday it would also buy the first EXE:5200, the first model intended for use in commercial production, which it may receive by the end of 2024.

Dassen said the cost of EXE:5200 systems would be “significantly” above $340 million.

($1 = 0.8818 euros)

Source: Reuters
Via: Toby Sterling Editing by Mark Potter
Tags: Intel orders ASML system for well over $340 million
ShareTweetShare
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.

Search

No Result
View All Result

Recent News

ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023
Co-Creation Hub’s edtech accelerator puts $15M towards African startups

Co-Creation Hub’s edtech accelerator puts $15M towards African startups

February 20, 2023

About What We Do

itechnewsonline.com

We bring you the best Premium Tech News.

Recent News With Image

ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023

Recent News

  • ATC Ghana supports Girls-In-ICT Program April 25, 2023
  • Vice President Dr. Bawumia inaugurates ICT Hub April 2, 2023
  • Co-Creation Hub’s edtech accelerator puts $15M towards African startups February 20, 2023
  • Data Leak Hits Thousands of NHS Workers February 20, 2023
  • Home
  • InfoSec
  • Opinion
  • Africa Tech
  • Data Storage

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

No Result
View All Result
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version