(AP) - INVESTMENT BUMP: Shares in ASML Holding NV gained nearly Tuesday on news that Intel Corp intends to take a 15 percent stake in the company for around $3.07 billion, and will also help fund its research into new technologies.
MORE POSSIBLE: The chip-making equipment supplier said other major customers were also considering equity investments.
WHY IT'S NEEDED: ASML's "lithography systems" use focused light beams to map out the circuitry of computer chips. As chip-making technology has progressed, investing in improving the beams' focus has become so expensive that no company can risk doing it alone.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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