ASML, the machine built for more than Moore

ASML is expanding High-NA EUV collaborations with Samsung and Intel as AI-driven chip demand increases. Intel has already integrated High-NA into production, while Samsung plans to use the technology in DRAM manufacturing by 2028. ASML reports technical progress, but adoption timing varies by customer.

Samsung and ASML are expanding their partnership to develop High NA EUV lithography and advanced semiconductor technologies. Samsung will join an initiative for 12-inch photomask technology, aiming to boost fab productivity and lower chipmaking costs. Samsung plans to use ASML’s High NA EUV lithography in DRAM production by 2028, according to a press release.

TSMC plans to adopt ASML's High-NA EUV tech for advanced-node manufacturing starting 2030, with larger masks in 2033. ASML sees long-term demand, while TSMC must prove economic viability. No order values or timelines were provided. Both companies face different risks and timelines for returns.

NVIDIA (NVDA) and ASML (ASML) participated in Mistral's €3 billion Series D funding round, valuing the AI company at over €21 billion. The investment aims to expand Mistral's research and operations. NVIDIA may benefit from increased hardware demand, while ASML could improve chip manufacturing diagnostics. Both companies have existing ties to Mistral, with NVIDIA planning infrastructure deployment and ASML reporting diagnostic improvements. The investment is not expected to directly impact their

ASML is collaborating with TSMC and Samsung to develop advanced chip machines using larger reticles, aiming for trials by 2031 and production use by 2033. The initiative seeks to boost productivity and potentially lower costs. TSMC and Samsung have committed to adopting ASML's High-NA EUV lithography machines, with Samsung planning mass production by 2028 and TSMC by 2030.

ASML's stock rose 4% after announcing partnerships with TSMC, Samsung, and Intel to advance High NA EUV technology. TSMC aims for 2030 production, Samsung for 2028 DRAM. Intel has processed over 1M wafers. ASML's stock is priced at $1714.88, 37.9% overvalued per GF Value™. Its P/E (TTM) is 54.46, higher than its 5-year median of 39.27. ASML has a GF Score™ of 94/100, indicating strong performance but concerns about valuation.