From BigGo Finance · BigGo Finance · · 1m 30s
Intel's EUV Bet Shifted Value to ASML and TSMC
Intel's $200m EUV investment boosted ASML and TSMC, not Intel.
In brief
Intel's $200m EUV investment boosted ASML and TSMC, not Intel. Intel's $200 million EUV bet paid off for ASML and TSMC in semiconductor production, not Intel. Originally reported by BigGo Finance.
Intel's 1990s EUV gamble
In the early 1990s, Intel took a $200 million gamble on EUV lithography after John Carruthers recommended it.
Intel formed EUV consortium
Intel formed a public-private consortium with U.S. labs, Motorola, and AMD in 1997 to develop EUV technology.
U.S. blocked Japanese equipment makers
The U.S. government blocked cooperation with Japanese equipment makers after Japanese companies gained semiconductor dominance.
ASML became EUV monopoly
ASML, a Dutch company, became the sole EUV lithography supplier after acquiring Silicon Valley Group in 2001.
TSMC and Samsung led EUV adoption
South Korea's Samsung Electronics and Taiwan's TSMC became the first to use EUV for mass production.
Current advanced packaging race
TSMC plans $60 billion capital expenditure this year with 10-20% for advanced packaging and photomask production.
SK Hynix and Micron expand HBM
SK Hynix and Micron are building HBM advanced packaging facilities targeting mass production by late 2029.
Advanced packaging market growth
The global advanced packaging market will more than double from $55 billion in 2025 to $120 billion by 2031.
Value shifts to first adopters
The lesson is that the value of a technology shifts to whoever applies it to mass production first.
The key point
Intel's $200 million EUV bet paid off for ASML and TSMC in semiconductor production, not Intel.
