383M! Intel Gets 2nd ASML High NA EUV Machine

Intel announced during its August 1 earnings call that the company is now receiving its second "High NA" EUV machine from ASML, valued at €350 million ($383 million).

Intel began the installation of its first High NA machine in December last year. These advanced machines require several months to install and are expected to enhance the development of next-generation, high-performance computer chips.

"The second High NA machine is set to be installed in our Oregon facility," stated Intel CEO Pat Gelsinger during the call. He also highlighted that Intel's investments in technology are "showing promising early results."

Despite these significant advancements, the announcement received limited attention amid concerns over Intel's financial outlook.

ASML, a leading supplier of equipment for chip manufacturers, has not commented on specific customer orders. However, in July, ASML executives confirmed the shipment of the second High NA machine to an undisclosed customer and projected that revenue from the first and possibly the second machine would be recorded this year.

The successful deployment of High NA EUV machines is crucial for ASML's goal of becoming Europe's largest tech company. However, the timeline for broader customer adoption remains uncertain.

ASML has secured orders for over ten High NA machines from major chipmakers, including TSMC, Samsung Electronics, Intel, SK Hynix, and Micron.

Intel plans to integrate High NA EUV technology into commercial production by 2027. TSMC, which manufactures chips for companies like Nvidia and Apple, is scheduled to receive one High NA EUV machine this year, though the timeline for production implementation is yet to be revealed.

ASML CEO Christophe Fouquet indicated in July that DRAM memory chip manufacturers, such as Samsung, SK Hynix, and Micron, might start using High NA EUV equipment by 2025 or 2026.