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Technology Stocks : Semi Equipment Analysis
SOXX 291.39+2.8%Nov 26 4:00 PM EST

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SK Hynix signs five-year deal worth $4.3 billion with ASML to secure EUV scanners
By Reuters Staff
February 24, 20214:13 AMUpdated 12 hours ago

SEOUL (Reuters) - SK Hynix, world’s second-largest memory chip maker, said on Wednesday it had agreed a five-year procurement contract worth 4.8 trillion won ($4.34 billion) with ASML Holding N.V. to secure extreme ultraviolet (EUV) scanners used in manufacturing chips.

The deal is for the chipmaker’s planned mass-production of chips by next-generation processes, SK Hynix said in a regulatory filing.

reuters.com
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