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Intel Stock Surges 9% as High-NA EUV Breakthrough Puts $106 in Focus

Intel Stock Surges 9% as High-NA EUV Breakthrough Puts $106 in Focus

TradingKey – Intel closes September 8 at $104.47, which is only slightly higher than the referenced chart at $104.45. This looks even better from the viewpoint of Intel’s technical moves. The stock performance of 9.05% was supported by the disclosure from Intel and ASML. High-NA EUV is in use for high-volume manufacturing and has been used to process more than one million wafers in certification, R&D and some production layers. Intels newfound catalyst supports current foundry demand. In addition, higher demand for AI servers and the company’s improved pricing position supports the operating story.

High-NA EUV Is the Freshest Foundry Catalyst

Intel Foundry and ASML said High-NA EUV is already in use for high-volume manufacturing for…

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