Intel bought EUV equipment from ASML but faces difficulties, while Deutsche Bank lowered its price target.
3 reports, 2 independent
Updated Sep 25
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What happened
Intel bought EUV equipment from ASML but faces difficulties, while Deutsche Bank lowered its price target.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.ASML calls on EU authorities as low demand in Europe prevents subsidies from attracting Intel.1 source
Intel faces EUV difficulties after buying equipment from ASML; DB analyst cuts price target.1 source
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The entities involved
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Intel
American multinational technology company
- The semiconductor sector is experiencing a downturn, leading to market volatility and affecting major chip companies like AMD, Nvidia, Intel, and Broadcom.
- Solidigm, which originated from Intel’s NAND flash memory business, is being positioned for a potential Nasdaq debut and is linked to SK Group affiliates.
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ASML Holding
Dutch company and supplier of photolithography systems
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Samsung Electronics
South Korean multinational electronics corporation
Related events
- Intel, TSMC, and Samsung are adopting ASML's High NA EUV technology for advanced chip and DRAM production.
- ASML announced a major expansion in Eindhoven while confirming strong chip demand from global clients including Samsung, Nvidia, and TSMC.
- TSMC is manufacturing AI chips for Nvidia, while Intel tests advanced EUV tools in Europe and Nikon challenges ASML.
- ASML's EUV systems are used by TSMC and Intel for chip manufacturing, while AI market growth impacts ServiceNow and CrowdStrike.
- Intel is strategically pivoting by expanding its foundry business to compete with TSMC, facing increased rivalry from AMD and market pressure from Nvidia's AI dominance.
Coverage
Newest first; wire copies grouped- tomshardware.com
- Insider MonkeyASML (ASML) Gets EUR700 Price Target From Deutsche Bank — Analysts Stick With ‘Buy’ Despite Headwinds ASML Holding N.V. (NASDAQ:ASML) is one of the AI Stocks on Wall Street’s Radar. On July 17, Deuts