InfoAnda - Intel bankrolls next-gen chipmaking, buys into ASML for $4.1 billion |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Apple updates software to fix tracking glitch | | 5 May 2011
Earthquake Rattles Southeastern Coast Of Alaska | 16 June 2010
Czech cabinet to change during EU presidency: PM | 2 April 2009

New HP CEO fails to rouse investors, shares slide | | 2 October 2010

Forum Views () Forum Replies ()

Read more with google mobile : Intel bankrolls next-gen chipmaking, buys into ASML for $4.1 billion |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (1) Follow Reuters Facebook Twitter RSS YouTube Read Russia's Putin says the West is on the decline 09 Jul 2012 Usher's Stepson Brain Dead After Accident at Ga. Lake 09 Jul 2012 Texas rejects key provisions of Obama's health law 09 Jul 2012 Episcopalians set to be first big U.S. church to bless gay marriage 09 Jul 2012 Broker missing $220 million in client funds; founder attempts suicide 09 Jul 2012 Discussed 254 In California, immigration bill designed as the ”anti-Arizona” 113 Scientists to unveil milestone in Higgs boson hunt 104 Obama team targets Romney over taxes, Republicans cry foul Watched Marine scientists seek solutions to global reef decline Mon, Jul 9 2012 It's a panda-monium! Thu, Jul 5 2012 Pakistanis protest reopening of NATO supply routes Mon, Jul 9 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Floods sweep Russia Over a hundred people were killed in flash flooding in southern Russia. Slideshow Olympic venues A look at the stadiums and venues for the upcoming 2012 Olympic Games in London. Slideshow Intel bankrolls next-gen chipmaking, buys into ASML for $4.1 billion Tweet Share this Email Print Related News Intel funds next-gen chipmaking, buys into ASML for $4.1 billion Mon, Jul 9 2012 UPDATE 2-Intel funds next-gen chipmaking, buys into ASML for $4.1 bln Mon, Jul 9 2012 Intel to buy slice of ASML, bankroll next-gen R&D Mon, Jul 9 2012 Samsung's Galaxy powers record $5.9 billion profit; euro a worry Fri, Jul 6 2012 Japan's Renesas seeks to cut 12 percent of workforce Tue, Jul 3 2012 Analysis & Opinion Killing them softly What the family farm can teach America about surviving global change Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv October 24, 2011. Credit: Reuters/Nir Elias By Edwin Chan SAN FRANCISCO | Tue Jul 10, 2012 12:45am EDT SAN FRANCISCO (Reuters) - Intel Corp will spend more than $4 billion to buy up to 15 percent of ASML and bankroll the Dutch company's research into costly next-generation chipmaking technology, a major vote of confidence in the European firm that sent its U.S. shares soaring 6 percent. Intel hopes to speed the adoption of the next generation of chip manufacturing processes from ASML by as much as two years. That will require intensive capital investment, but delivers billions of future savings by cutting chip production costs, analysts said. ASML, the world's largest supplier to chipmakers of machines that etch circuits onto silicon wafers, may want to spread the risk of developing cutting-edge chipmaking equipment, based on 450-millimeter wafer sizes and "extreme-ultraviolet" or EUV lithography. Intel will acquire an initial 10 percent stake in its European supplier and tack on another 5 percent if it wins shareholder approval, for a total of about $3.1 billion. It also benefits by being able to move on to larger wafer sizes. Apart from the savings that will bring, the chipmaker may also be moving to safeguard its current technology lead. "By accelerating the introduction of 450mm fabs, Intel will increase barriers to entry a lot and make it harder for small players to keep going," said Pierre Ferragu, a senior analyst for Sanford C. Bernstein. "By supporting EUV, Intel probably anticipates continued accelerated shrink plans beyond 15 nm..., and also a world in which cost efficiency matters more and more for them." Intel and other chipmakers are grappling with slowing demand as consumers shift to mobile devices, and economic growth in Europe and even emerging markets is weakening. On Monday, Advanced Micro Devices warned its second-quarter revenue may slide 11 percent, blaming disappointing demand from China and Europe. RBC Capital analyst Doug Freedman estimates Intel can save about $2 billion a year on 450mm processes, versus the current standard of 300mm. Larger silicon wafers lower production costs because more chips can be sliced off them. "The transition from one wafer size to the next has historically delivered a 30 to 40 percent reduction in die cost," Chief Operating Officer Brian Krzanich said in a statement. "The faster we do this, the sooner we can gain the benefit of productivity improvements." Under the agreement, the world's top chipmaker gains no exclusive rights to future ASML products. But Freedman said Intel, as the sector leader, stands to gain if the overall industry benefits. "I was a little surprised that ASML did not offer exclusivity or preferential access," Freedman said. But "if in fact they're lowering the cost of technology in emerging markets, you're opening markets as well." Intel remains at the vanguard of computer processors but is seeing rivals like Samsung Electronics come on strong in application microchips for smartphones and other mobile devices. Analysts say the U.S. company maintains a two-year lead over the competition but needs to spend heavily to safeguard that. MARKET SLOWING ASML competes with Japanese groups Canon and Nikon. Its clients include Intel and Samsung Electronics. Ferragu said Intel's decision to tie up with ASML might come as a blow to Nikon, which also researches and develops lithography processes. A shift to cutting-edge EUV helps push the natural progression of semiconductor technology advancement known as "Moore's Law", which posits that the average number of transistors packed on a chip doubles every 18 months. Intel will help finance $1 billion of research into 450mm and EUV chipmaking, both cutting-edge technologies expected to emerge in the decade's second half. While many semiconductor companies outsource the fabrication of actual chips to third-party "foundries", Intel is among the last remaining chipmakers that build and operate their own network of multibillion dollar production facilities, or "fabs". "If Intel is able to ramp 450mm production ahead of the world's fabs such as TSMC or Global Foundries et al, it may yet prove that real men have fabs," said John Jackson from CCS Insight. "There are signs that the global semiconductor fabrication sector is poised to realign." Intel is the first major chipmaker to sign up for ASML's "customer investment" program, under which it hopes to enlist partners to fund expensive research into 450mm wafer technology. Under their agreement, Intel will pay 1.7 billion euros ($2.1 billion) for the initial 10 percent slice of ASML, and a preliminary 553 million euros for research. The pact also involves advance orders of next-generation ASML chipmaking gear, strengthening the Dutch firm's assurance to move ahead in developing the technology. Intel shares slid about 1 percent to $25.87 after hours, from a close of $26.17 on Nasdaq. ASML shot up 6.3 percent to $51.53 from a close of $48.46. ($1 = 0.8130 euros) (Additional reporting by Tarmo Virki in Helsinki and Alexei Oreskovic in San Francisco; Editing by Richard Chang and Richard Pullin) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) mulholland wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Tuesday, 10 July 2012
Thousands of Pakistanis protest opening of NATO supply route |
Russia blames local officials over fatal floods |
Bahrain court jails protest leader over tweets: lawyer |
Kenya candidates face ICC trial month after vote |
Mladic trial witness tearfully recalls loss of father |
FARC funding squeeze driving attacks on oil and mining: minister |
Saudi Arabia says two killed after cleric's arrest |
Verizon's cable deals make headway but regulatory doubts linger |
Intel to buy slice of ASML, bankroll next-gen R&D |
Privacy risk from ads in apps rising: security firm |
Batman could fly, but he'd crash and die |
Annan and Assad agree political approach for Syria |
Egypt parliament set to meet, defying army |
Congolese warlord jailed for 14 years in landmark case |
Wartime PM Jibril takes early lead in Libya vote |
Venezuela's Chavez says totally free of cancer, again |
Greek police ignore rising attacks on migrants: HRW |
Mixed verdict in former Israeli PM Olmert's corruption trial |
German transport firms turn offshore headache into profits |
Analysis: Japan plan to buy disputed isles risks China's ire |
Ukraine delays hearings in Tymoshenko tax case |
RIM marketing boss sees silver lining in BlackBerry delay |
Google to pay $22.5 million to settle privacy charges: WSJ |
Intel bankrolls next-gen chipmaking, buys into ASML for $4.1 billion |
TSMC says evaluating ASML's proposal to co-invest |
Packing power, Taiwan's Mediatek sees leap in cheaper chips |
Elpida bondholders to vote against Micron plan: document |
New Zealand court delays Megaupload extradition hearing to next year |
Tom Cruise, Katie Holmes wrap up speedy divorce |
Kardashian clan expands with Kourtney's new baby |
UK's Islamic cleric appeals extradition to U.S. |
Clinton raps Vietnam on rights, sees limits to ties |
Palestinians cautiously advance Arafat probe |
Congo denounces insurgency as Rwandan army invasion |
Russian lawmakers ratify WTO entry |
Vatican condemns illicit ordination in China |
CEO vows to turn RIM into lean, mean machine |
New iPad hits China July 20, well behind other markets |
European ruling on Google privacy policy set for September |
Applied Materials cuts full-year outlook on weak demand |
AMD slides as weak Europe, China prompts outlook cut |
Huawei eyes deals with Etisalat, Saudi Telecom |
Hugh Laurie, Dr John, Trombone Shorty in New Orleans tribute |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01