Intel, TSMC take stakes in ASML to push EUV, 450mm forward
ASML launched the ASML Holding N.V. Customer Co-Investment Program, wherein customers can take up to 25% stake in the semiconductor manufacturing tool supplier, funding research primarily on EUV lithography and 450mm tools. Intel was the first taker, grabbing 15% share and spending an additional EUR 829 million, over 5 years, on R&D at ASML. TSMC soon followed with a 5% stake in ASML and an additional EUR 276 million for R&D. Samsung is expected to be the target customer to take the 5% stake still available in ASML.
ASML enhanced development roadmap.
If the maximum aggregate 25% available shares are fully subscribed, customers would have acquired the shares for an aggregate value of EUR 4.19 billion, and would have committed R&D funding of EUR 1.38 billion, to be received over the period 2013 to 2017. ???M.C
Solid State Technology, Volume 55, Issue 7, September 2012