ASML: Oddo reiterates rating after IBM announcement
(CercleFinance.com) - IBM's research division (in Albany, New York State) has announced that it has created the first test semiconductor with 2 nanometre (nm) technology.
IBM says this processor will improve performance by 45% using the same amount of power or use 75% less power than the current 7nm, the broker says.
The 2nm processors will enable faster applications in artificial intelligence, edge computing, autonomous systems and other areas.
The analyst adds that it sees this announcement by IBM as obviously good news for ASML, as at 2nm, manufacturers will have to use more EUV (with selling prices continuing to rise).
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