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TSMC still evaluating ASML's 'High-NA' as Intel eyes future use
TSMC still evaluating ASML's 'High-NA' as Intel eyes future use

Time of India

time28-05-2025

  • Business
  • Time of India

TSMC still evaluating ASML's 'High-NA' as Intel eyes future use

By Nathan Vifflin AMSTERDAM: Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, is still assessing when it will use ASML's cutting-edge high numerical aperture (NA) machines for its future process nodes, an executive said on Tuesday. Chipmakers are weighing when the speed and accuracy benefits of these nearly $400 million machines will outweigh the almost doubled price tag of what is already the most expensive piece of equipment in a chip fabrication plant. Asked if TSMC plans to use the machine for its upcoming A14, and enhanced versions of the future node, Kevin Zhang said the company hasn't yet found a compelling reason. "A14, the enhancement I talk about, is very substantial without using High-NA. So our technology team continues to find a way to extend the life of current ( Low-NA EUV machines ) by harvesting the scaling benefit," he said at a press briefing. "As long as they continue to find a way, obviously we don't have to use it," Zhang said. Rival Intel has planned to use the High-NA EUV machine in its future manufacturing process, known as 14A, in an attempt to revive its contract chip business and better compete with TSMC. However, Intel also says that customers will still have the option of using older and more proven technologies. During ASML's last earnings report, CEO Christophe Fouquet said he expects customers to test High-NA for high-volume manufacturing readiness through 2026-2027, before they evaluate the tool on their most advanced nodes in a latter phase. Last year, Zhang had told reporters TSMC will not use High-NA for its A16 node, adding he did not like the sticker price. So far, ASML has shipped five of the 180 ton, double-decker sized machine across the world to three customers, counting Intel, TSMC and Samsung.

TSMC still evaluating ASML's 'High-NA' as Intel eyes future use
TSMC still evaluating ASML's 'High-NA' as Intel eyes future use

The Star

time27-05-2025

  • Business
  • The Star

TSMC still evaluating ASML's 'High-NA' as Intel eyes future use

A view shows the logo of Dutch computer chip equipment supplier ASML, in Veldhoven, Netherlands, January 29 2025. REUTERS/Piroschka van de Wouw/File Photo AMSTERDAM (Reuters) -Taiwan Semiconductor Manufacturing Co ( the world's largest contract chipmaker, is still assessing when it will use ASML's cutting-edge high numerical aperture (NA) machines for its future process nodes, an executive said on Tuesday. Chipmakers are weighing when the speed and accuracy benefits of these nearly $400 million machines will outweigh the almost doubled price tag of what is already the most expensive piece of equipment in a chip fabrication plant. Asked if TSMC plans to use the machine for its upcoming A14, and enhanced versions of the future node, Kevin Zhang said the company hasn't yet found a compelling reason. "A14, the enhancement I talk about, is very substantial without using High-NA. So our technology team continues to find a way to extend the life of current (Low-NA EUV machines) by harvesting the scaling benefit," he said at a press briefing. "As long as they continue to find a way, obviously we don't have to use it," Zhang said. Rival Intel has planned to use the High-NA EUV machine in its future manufacturing process, known as 14A, in an attempt to revive its contract chip business and better compete with TSMC. However, Intel also says that customers will still have the option of using older and more proven technologies. During ASML's last earnings report, CEO Christophe Fouquet said he expects customers to test High-NA for high-volume manufacturing readiness through 2026-2027, before they evaluate the tool on their most advanced nodes in a latter phase. Last year, Zhang had told reporters TSMC will not use High-NA for its A16 node, adding he did not like the sticker price. So far, ASML has shipped five of the 180 ton, double-decker sized machine across the world to three customers, counting Intel, TSMC and Samsung. (Reporting by Nathan Vifflin in Amsterdam; Editing by David Holmes)

TSMC still evaluating ASML's 'High-NA' as Intel eyes future use
TSMC still evaluating ASML's 'High-NA' as Intel eyes future use

Yahoo

time27-05-2025

  • Business
  • Yahoo

TSMC still evaluating ASML's 'High-NA' as Intel eyes future use

By Nathan Vifflin AMSTERDAM (Reuters) -Taiwan Semiconductor Manufacturing Co ( the world's largest contract chipmaker, is still assessing when it will use ASML's cutting-edge high numerical aperture (NA) machines for its future process nodes, an executive said on Tuesday. Chipmakers are weighing when the speed and accuracy benefits of these nearly $400 million machines will outweigh the almost doubled price tag of what is already the most expensive piece of equipment in a chip fabrication plant. Asked if TSMC plans to use the machine for its upcoming A14, and enhanced versions of the future node, Kevin Zhang said the company hasn't yet found a compelling reason. "A14, the enhancement I talk about, is very substantial without using High-NA. So our technology team continues to find a way to extend the life of current (Low-NA EUV machines) by harvesting the scaling benefit," he said at a press briefing. "As long as they continue to find a way, obviously we don't have to use it," Zhang said. Rival Intel has planned to use the High-NA EUV machine in its future manufacturing process, known as 14A, in an attempt to revive its contract chip business and better compete with TSMC. However, Intel also says that customers will still have the option of using older and more proven technologies. During ASML's last earnings report, CEO Christophe Fouquet said he expects customers to test High-NA for high-volume manufacturing readiness through 2026-2027, before they evaluate the tool on their most advanced nodes in a latter phase. Last year, Zhang had told reporters TSMC will not use High-NA for its A16 node, adding he did not like the sticker price. So far, ASML has shipped five of the 180 ton, double-decker sized machine across the world to three customers, counting Intel, TSMC and Samsung. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Redwire to Present at 37th Annual Roth Conference on March 18, 2025
Redwire to Present at 37th Annual Roth Conference on March 18, 2025

Yahoo

time17-03-2025

  • Business
  • Yahoo

Redwire to Present at 37th Annual Roth Conference on March 18, 2025

JACKSONVILLE, Fla., March 17, 2025--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that Redwire's Chief Financial Officer Jonathan Baliff will present at the 37th Annual Roth Conference on March 18, 2025 from 10:30-10:55 a.m. PT. The presentation will be available at the following web address: About Redwire Redwire Corporation (NYSE:RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire's proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire's approximately 750 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit Additional Information and Where to Find It The definitive agreement entered into in connection with the proposed business combination described herein and a summary of material terms of the transaction will be provided in a Current Report on Form 8-K or Schedule 14A to be filed with the Securities and Exchange Commission (the "SEC"). Redwire will file with the SEC a proxy statement relating to a special meeting of Redwire's stockholders (the "proxy statement"). STOCKHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT REDWIRE, EDGE AUTONOMY, THE TRANSACTION AND RELATED MATTERS. Stockholders will be able to obtain free copies of the proxy statement and other documents filed with the SEC by the parties through the website maintained by the SEC at In addition, investors and stockholders will be able to obtain free copies of the proxy statement and other documents filed with the SEC by the parties on investor relations section of Redwire's website at Participants in the Solicitation Redwire and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Redwire in respect of the proposed business combination contemplated by the proxy statement. Information regarding the persons who are, under the rules of the SEC, participants in the solicitation of the stockholders of Redwire, respectively, in connection with the proposed business combination, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement when it is filed with the SEC. Information regarding Redwire's directors and executive officers is contained in Redwire's Annual Report on Form 10-K for the year ended December 31, 2024 and its Proxy Statement on Schedule 14A, dated April 22, 2024, which are filed with the SEC. No Offer or Solicitation This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed business combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. Forward-Looking Statements Readers are cautioned that the statements contained in this communication regarding expectations of our performance or other matters that may affect our or the combined company's business, results of operations, or financial condition are "forward-looking statements" as defined by the "safe harbor" provisions in the Private Securities Litigation Reform Act of 1995. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included or incorporated in this communication, including statements regarding our or the combined company's strategy, financial projections, including the prospective financial information provided in this communication, financial position, funding for continued operations, cash reserves, liquidity, projected costs, plans, projects, awards and contracts, and objectives of management, the entry into the potential business combination, the expected benefits from the proposed business combination, the expected performance of the combined company, the expectations regarding financing the proposed business combination, among others, are forward-looking statements. Words such as "expect," "anticipate," "should," "believe," "target," "continued," "project," "plan," "opportunity," "estimate," "potential," "predict," "demonstrates," "may," "will," "could," "intend," "shall," "possible," "forecast," "trends," "contemplate," "would," "approximately," "likely," "outlook," "schedule," "pipeline," and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements, but the absence of these words does not mean that a statement is not forward looking. These forward-looking statements are not guarantees of future performance, conditions or results. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These factors and circumstances include, but are not limited to: (1) risks associated with the continued economic uncertainty, including high inflation, supply chain challenges, labor shortages, increased labor costs, high interest rates, foreign currency exchange volatility, concerns of economic slowdown or recession and reduced spending or suspension of investment in new or enhanced projects; (2) the failure of financial institutions or transactional counterparties; (3) Redwire's limited operating history and history of losses to date as well as the limited operating history of Edge Autonomy and the relatively novel nature of the drone industry; (4) the inability to successfully integrate recently completed and future acquisitions, including the proposed business combination with Edge Autonomy, as well as the failure to realize the anticipated benefits of the transaction or to realize estimated projected combined company results; (5) the development and continued refinement of many of Redwire's and the combined company's proprietary technologies, products and service offerings; (6) competition with new or existing companies; (7) the possibility that Redwire's expectations and assumptions relating to future results and projections with respect to Redwire or Edge Autonomy may prove incorrect; (8) adverse publicity stemming from any incident or perceived risk involving Redwire, Edge Autonomy, the combined company, or their competitors; (9) unsatisfactory performance of our and the combined company's products resulting from challenges in the space environment, extreme space weather events, the environments in which drones operate, including in combat or other areas where hostilities may occur, or otherwise; (10) the emerging nature of the market for in-space infrastructure services and the market for drones and related services; (11) inability to realize benefits from new offerings or the application of our or the combined company's technologies; (12) the inability to convert orders in backlog into revenue; (13) our and the combined company's dependence on U.S. and foreign government contracts, which are only partially funded and subject to immediate termination, or which may be influenced by the level of military activities and related spending such as in or with respect to the war in Ukraine; (14) the fact that we are and the combined company will be subject to stringent economic sanctions, and trade control laws and regulations; (15) the need for substantial additional funding to finance our and the combined company's operations, which may not be available when needed, on acceptable terms or at all; (16) the dilution of existing holders of our common stock that will result from the issuance of additional shares of common stock as consideration for the acquisition of Edge Autonomy, as well as the issuance of common stock in any offering that may be undertaken in connection with such acquisition; (17) the fact that the issuance and sale of shares of our Series A Convertible Preferred Stock has reduced the relative voting power of holders of our common stock and diluted the ownership of holders of our capital stock; (18) the ability to achieve the conditions to cause, or timing of, any mandatory conversion of the Series A Convertible Preferred stock into common stock; (19) the fact that AE Industrial Partners and Bain Capital have significant influence over us, which could limit your ability to influence the outcome of key transactions; (20) provisions in our Certificate of Designation with respect to our Series A Convertible Preferred Stock may delay or prevent our acquisition by a third party, which could also reduce the market price of our capital stock; (21) the fact that our Series A Convertible Preferred Stock has rights, preferences and privileges that are not held by, and are preferential to, the rights of holders of our other outstanding capital stock; (22) the possibility of sales of a substantial amount of our common stock by our current stockholders, as well as the equity owners of Edge Autonomy following consummation of the transaction, which sales could cause the price of our common stock and warrants to fall; (23) the impact of the issuance of additional shares of Series A Convertible Preferred Stock as pay in kind dividends on the price and market for our common stock; (24) the volatility of the trading price of our common stock and warrants; (25) risks related to short sellers of our common stock; (26) Redwire's or the combined company's inability to report our financial condition or results of operations accurately or timely as a result of identified material weaknesses in internal control over financial reporting, as well as the possible need to expand or improve Edge Autonomy's financial reporting systems and controls; (27) the possibility that the closing conditions under the merger agreement necessary to consummate the merger between Redwire and Edge Autonomy will not be satisfied; (28) the effect of any announcement or pendency of the proposed business combination on Redwire's or Edge Autonomy's business relationships, operating results and business generally; (29) risks that the proposed business combination disrupts current plans and operations of Redwire or Edge Autonomy; (30) the ability of Redwire or the combined company to raise financing in connection with the proposed business combination or to finance its operations in the future; (31) the impact of any increase in the combined company's indebtedness incurred to fund working capital or other corporate needs, including the repayment of Edge Autonomy's outstanding indebtedness and transaction expenses incurred to acquire Edge Autonomy, as well as debt covenants that may limit the combined company's activities, flexibility or ability to take advantage of business opportunities, and the effect of debt service on the availability of cash to fund investment in the business; (32) the ability to implement business plans, forecasts and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities; (33) costs related to the transaction; and (34) other risks and uncertainties described in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and those indicated from time to time in other documents filed or to be filed with the SEC by Redwire. The forward-looking statements contained in this communication are based on our current expectations and beliefs concerning future developments and their potential effects on us. If underlying assumptions to forward-looking statements prove inaccurate, or if known or unknown risks or uncertainties materialize, actual results could vary materially from those anticipated, estimated, or projected. The forward-looking statements contained in this communication are made as of the date of this communication, and Redwire disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Persons reading this communication are cautioned not to place undue reliance on forward-looking statements. View source version on Contacts Investors:investorrelations@ +1 904-425-1431 Sign in to access your portfolio

Major Breakthrough: Intel Unveils Full Operation of High NA EUV Systems
Major Breakthrough: Intel Unveils Full Operation of High NA EUV Systems

Yahoo

time26-02-2025

  • Business
  • Yahoo

Major Breakthrough: Intel Unveils Full Operation of High NA EUV Systems

Jan 26 - Intel (INTC, Financial) announced that its new ASML (ASML, Financial) high NA lithography machines are now fully operational, marking a major production milestone. Senior principal engineer Steven Carson explained that the advanced 18A technology is actively supporting tool testing at the San Jose facility. Over the past quarter, the company maintained a steady production pace, manufacturing 30,000 wafers, key components in chip fabrication. Warning! GuruFocus has detected 6 Warning Signs with INTC. List of 52-Week Lows List of 3-Year Lows List of 5-Year Lows During the last quarter, Intel kept up a steady pace with the manufacture of 30,000 most recent high-NA EUV machines nearly match the performance of earlier EUV systems, yet they deliver significantly improved reliability. These advanced tools streamline the process: what once required three exposures and roughly 40 processing steps now takes just one exposure with a few additional refinements, yielding substantial efficiency gains and cost savings. Last year, Intel acquired next-generation ASML equipment and received its first deliveries from the manufacturer. Meanwhile, earlier EUV delays allowed competitors such as TSMC to capture market share. Looking ahead, Intel plans to deploy these machines within its 14A technology platform, scheduled for release this year. This new system will underpin future PC and server chips, promising enhanced performance. This article first appeared on GuruFocus. Sign in to access your portfolio

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