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Taiwan Semiconductor Buys 5% ASML Equity Stake

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Aug. 5 (Bloomberg) -- ASML Holding NV, Europe’s biggest semiconductor equipment maker, today said Taiwan Semiconductor Manufacturing Co. will acquire a 5 percent equity stake in the company for 838 million euros ($1.04 billion).

TSMC has joined ASML’s “Customer Co-Investment Program for innovation, committing to invest 276 million euros in research and development of next generation lithography technologies,” ASML said in a statement today.

ASML announced earlier this month that Intel Corp. had also joined the program.

Link to Statement:{NSN M8A6O03V2801 <GO>}

Link to Company News:{2330 TT <Equity> CN <GO>} Link to Company News:{ASML NA <Equity> CN <GO>}

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net

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