By The Associated Press
INVESTMENT BUMP: Shares in ASML Holding NV gained nearly Tuesday on news that Intel Corp intends to take a 15 percent stake in the company for around $3.07 billion, and will also help fund its research into new technologies.
MORE POSSIBLE: The chip-making equipment supplier said other major customers were also considering equity investments.
WHY IT'S NEEDED: ASML's "lithography systems" use focused light beams to map out the circuitry of computer chips. As chip-making technology has progressed, investing in improving the beams' focus has become so expensive that no company can risk doing it alone.
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