ASML ships first "High NA" lithography system to Intel -statement

FILE PHOTO: ASML logo is seen at a building near the headquarters in Veldhoven, Netherlands June 16, 2023. REUTERS/Piroschka van de Wouw/File Photo

AMSTERDAM (Reuters) -Dutch semiconductor equipment maker ASML said on Thursday it is shipping the first of its new "High NA" extreme ultraviolet lithography systems to Intel Corp.

The new machines, which will cost more than $300 million each, are expected to help computer chip makers produce smaller, faster semiconductors.