Intel Opens a New Front with ASML
July 11, 2012
Behind great humor often lies irony. In the midst of a struggle by the European Union to extract $1.3B from Intel in an ages old Anti-Trust case, the latter makes a strategic move to embolden the Dutch firm ASML to accelerate the development of 450mm and EUV and thus save a continental jewel. What now say EU? When disfunction and bankruptcy abound, beware the need of sovereigns to extract not pints but gallons of blood. Intel sees an end game at hand, not today but in just a couple of years and it plays into its plans to win all of mobile: including Apple and Samsung. They parry the EU assault with a massive $4B investment and prepare to watch the poker players ante up or fold.
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