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ASML Expands Team as Chipmakers Explore Merger

4/2/2025

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Story summary
  • ASML Holdings is set to quintuple its maintenance team in Japan to bolster support for its vital EUV lithography equipment, essential for cutting-edge chip production. In a strategic move, U.S. chipmaker GlobalFoundries and Taiwan's United Microelectronics Corp. are exploring a merger to boost their manufacturing prowess, while UMC has inaugurated a $5 billion advanced facility in Singapore.