Intel Hits 1 Million-Wafer Milestone With ASML's High NA EUV Tech
INTC has more than doubled off its 52-week low of $24.05.
Summary
Intel Foundry has processed over one million wafers using ASML's High NA EUV lithography, marking a significant production milestone. The technology is already in high-volume manufacturing on select layers of Intel Core Ultra Series 3 (Panther Lake) processors, with overlay, throughput, and equipment availability meeting expectations. Intel 18A process layers using High NA match or exceed performance of comparable layers on ASML's existing NXE EUV platform. This follows Intel's recent $15B public offering and Apple partnership, reinforcing its foundry momentum. The company is also pushing for larger 6x12-inch masks to support future AI chips. Premarket shares rose 3.29% to $98.95.
At the time of this announcement, INTC was trading at $100.20 on NASDAQ in the Technology sector, with a market capitalization of approximately $503.4B. The 52-week trading range was $24.05 to $142.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.