Intel to take another of ASML's High NA EUV tools, says CEO Pat Gelsinger

Intel is in the process of receiving the second of ASML's new 350 million euro ($383 million) "High NA" EUV tools, CEO Pat Gelsinger said, according to a transcript of the company's Aug 1 earnings call. Intel began receiving the first of the massive machines, which take months to install and are expected to enable new generations of more powerful computer chips, in December. "The second High NA tool is coming into our Oregon facility," Gelsinger said on the call, adding that the company's technology investments are "showing good early indicators". The remark did not draw attention amid Intel's dramatic slump on worries about its turnaround prospects. ASML, the biggest supplier of equipment to computer chip makers, declined to comment on specific customer purchases. Executives at ASML said on July 17 the company had begun shipping a second High NA tool to an unnamed customer, and that it will only book revenues for the first, and possibly the second, this year.