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Intel shares jump after ASML confirms High-NA EUV milestone
Intel disclosed its enterprise CPU prices rose 10%, while ASML said the foundry has processed more than one million wafers using High-NA EUV equipment.
Intel shares rose nearly 10% after Intel and ASML confirmed a milestone tied to High-NA EUV equipment, according to MarketBeat Ratings.
MarketBeat Ratings also said Intel raised enterprise CPU prices by 10% and that ASML’s foundry has processed more than one million wafers using High-NA EUV.
The outlet noted Intel remains rated as a Hold by analysts, even as top-rated analysts highlighted other companies they view as better opportunities amid the AI buildout.