Intel will take a stake in semiconductor tools company ASML and invest in its research and development efforts, to advance manufacturing technologies that will help Intel produce smaller and more power-efficient chips, the chip maker announced Monday.
ASML, based in The Netherlands, is one of the world’s largest providers of tools used for chip manufacturing. It has partnerships with Intel and other leading chip makers including Samsung, GlobalFoundries and TSMC (Taiwan Semiconductor Manufacturing Co.).
Intel will initially invest approximately