Key facts: Intel has purchased two High NA EUV machines to enhance its AI chip and advanced processor production, tackling past delays in adopting ASML's cutting-edge technology compared to rivals.
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- Intel has purchased two High NA EUV machines to enhance its AI chip and advanced processor production, tackling past delays in adopting ASML's cutting-edge technology compared to rivals.1
- Deutsche Bank has increased its price target for Intel (INTC) shares from $23.00 to $30.00.2
- Intel's recent performance has been influenced by a $7 billion investment from Nvidia and SoftBank, alongside equity raises and U.S. government support, as well as the divestiture of Altera.3