Reuters
Technology
Intel funds next-gen chipmaking, buys into ASML for $4.1 billion
Mon, Jul 09 19:54 PM EDT

By Edwin Chan

SAN FRANCISCO (Reuters) - Intel Corp will spend more than $4 billion to buy a stake in ASML and bankroll its research into costly next-generation chipmaking technology, a major vote of confidence in the Dutch company that sent its U.S. shares soaring 6 percent on Monday.


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