Deals
Nikon Plunges as Intel Agrees to Buy ASML Stake: Tokyo Mover
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Nikon Corp., Japan’s largest chipmaking lithograph maker, plunged the most in more than a year in Tokyo after Intel Corp., its second-biggest customer, agreed to invest as much as $4.1 billion in ASML Holding NV.
Nikon fell 7 percent, the biggest drop since March 2011, to close at 2,336 yen on the Tokyo Stock Exchange. The Tokyo-based company competes with ASML in the chip-lithography market.