ASML Shares Jump on Breakthrough Chipmaking Plans With Intel and TSMC : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

This article first appeared on GuruFocus.

ASML Holding (NASDAQ:ASML) gained about 2% on Tuesday as investors assessed progress by major chipmakers toward adopting the company’s newest High-NA extreme ultraviolet lithography systems.

Samsung Electronics, Taiwan Semiconductor Manufacturing and Intel are moving forward with plans to use the advanced equipment. The companies are also working with ASML on a shift from six-inch photomasks to a 12-inch format.

ASML GF Value chart

ASML Holding (ASML) said the larger masks could raise High-NA system throughput by as much as 40%. Higher throughput could help chip manufacturers improve production efficiency as demand for processors used in artificial intelligence applications continues to expand.

The companies are also taking a longer-term approach to the technology. Taiwan Semiconductor Manufacturing (TSM) and ASML plan to establish a 12-inch mask test line by 2031, with commercial manufacturing targeted for 2033.

ASML Chief Technology Officer Marco Pieters said the larger mask format could support higher productivity from High-NA equipment. Intel (INTC) and Samsung Electronics are also participating in the development effort, highlighting broader industry interest in the next generation of lithography technology.

https://finance.yahoo.com/technology/articles/asml-shares-jump-breakthrough-chipmaking-170037840.html