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How soon will Intel's stock price increase by at least 10% following integration of second High NA EUV tool?
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No increase by 10% by January 31, 2025 • 25%
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Intel Receives Second €350 Million High NA EUV Tool from ASML, Says CEO Pat Gelsinger
Aug 5, 2024, 02:50 PM
Intel is in the process of receiving its second High NA EUV tool from ASML, valued at 350 million euros ($383 million). CEO Pat Gelsinger stated that the tool, which is designed for advanced chip production, operates by hitting droplets of tin heated to approximately 396,032 degrees Fahrenheit with a laser to create 13.5nm light wavelengths. This technology is crucial for enabling new generations of more advanced chips. The delivery is taking place in Oregon.
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