Seeking edge over rivals, Intel first to assemble ASML's next-gen chip tool

FILE PHOTO: A sign is seen outside the Intel corporate campus in Hillsboro, Oregon, U.S., April 25, 2018. Picture taken April 25, 2018. REUTERS/Caroline Humer/File Photo

AMSTERDAM (Reuters) - Intel said on Thursday it had become the first company to assemble one of Dutch tech group ASML's new "High NA EUV" lithography tools, an important part of the U.S. computer chip maker's drive to outshine rivals.

Intel was the first company to buy one of the 350 million euro ($373 million) machines made by top chip equipment supplier ASML. The tools are expected to lead to new generations of smaller, faster chips, though there are financial and engineering risks involved.