ASML

The pride and joy of the Dutch tech ecosystem, ASML, has featured heavily in the news this past couple of weeks, after news broke the government was scrambling to keep the company in the country. However, ASML’s plans to potentially relocate due to difficulty securing talent and infrastructure bottlenecks does not mean it is not still actively supporting the Dutch tech ecosystem. The company has just contributed an undisclosed amount to Eindhoven-based DeepTechXL’s €110mn fund. The VC is …

The Dutch government has reportedly launched a secret task force to keep chip giant ASML in the Netherlands. Dubbed “Operation Beethoven,” the task force was formed to allay ASML’s fears about the local business climate, according to De Telegraaf. Citing anonymous sources, the Dutch newspaper said the company was considering an expansion outside the Netherlands. France was mooted as a potential destination. Such a move would leave a deep impact. ASML is Europe’s most valuable tech company.…

Intel's relatively new Foundry division — formerly known as Intel Foundry Services until earlier today — has just landed a notable order from a big name. According to Bloomberg and The Wall Street Journal, Microsoft CEO Satya Nadella announced that his company will be tapping into Intel's latest 18A (1.8nm) fabrication process for an upcoming in-house chip design. But given Intel's process roadmap, this means we likely won't be seeing Microsoft's new chip until 2025.While neither company disclosed the nature of said…

Bloomberg: Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new areas of chipmaking — The world's largest memory maker sold about 1.58 million shares, or 0.4%, of ASML, according to its most recent quarterly financial report filed to regulators. Bloomberg: Filing: Samsung sold 1.58M ASML shares, or 0.4% of ASML, worth ~$930M in September 2023, reducing its stake to zero, as Samsung looks to new areas of…

Fears that ASML's computer chip equipment will be used for Chinese military ends underlie recent decisions to deny the company export licences, the Dutch trade minister said in answers to questions from parliament.Netherlands-based ASML, Europe's largest tech firm, dominates the world market for lithography systems, needed by computer chip makers to help create circuitry. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM…

Canon is planning to make some major disruptions in chipmaking or lithography machines and become more competitive in semiconductor manufacturing, providing a potentially cost-effective alternative to ASML's light-based extreme ultraviolet (EUV) technology…

ASML holds a crucial position in the industry, being the sole producer of equipment required for manufacturing advanced semiconductors. Despite sanctions by the US, China has been buying semiconductors and semiconductor-making technology…

Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West.Net profits came in at 7.8 billion euros ($8.5 billion) for 2023, the firm said in its annual results statement, compared to 5.6 billion euros the previous year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian…

Dutch computer chip equipment maker ASML on Wednesday said it expected new US and Dutch export restrictions to reduce its potential sales to China by some 10-15% this year after they hit record levels in 2023.CFO Roger Dassen also confirmed that two older tools not covered by Dutch licensing requirements would be directly restricted from China by US rules.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and…

Updated Jan. 2, 2024 4:10 am ETThe Netherlands has blocked chip-equipment manufacturer ASML’s exports to China of some lithography systems, which are essential to making advanced microprocessors, in a partial license revocation following U.S. export restrictions.The Netherlands-based company said Monday that the Dutch government recently partially revoked an export license for shipping the NXT:2050i and NXT:2100i lithography systems to China in 2023.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…