CEO Pat Gelsinger stated that Intel is now getting the second of ASML's new 350 million euro ($383 million) "High NA" EUV tools, as per a transcript of the business's August 1 earnings call.

In December, Intel started receiving the first of these enormous machines, which need months to install and are anticipated to open the door for new generations of computer chips with greater power. During the call, Gelsinger stated, "The second High NA tool is coming into our Oregon facility" and highlighted the company's technological advances as "showing good early indicators."

The statement went unnoticed amidst Intel's sharp decline due to concerns over its chances of recovery. The largest equipment provider to computer chip manufacturers, ASML, refuses to comment on individual customer transactions.

On July 17, ASML executives announced that the business has started shipping a second High NA tool to an undisclosed client and that it will only record revenue for the first, and perhaps the second, quarter of this year.

The future of ASML as the biggest technology company in Europe depends on the successful launch of High NA, however it's unclear when exactly consumers will start using it. More than a dozen High NA machines have been ordered by the corporation from memory chip experts Micron and SK Hynix as well as top chipmakers TSMC, Samsung, and Intel.

By 2027, Intel intends to put the technology into use for commercial purposes. Although it has not stated when it would utilize the tool in production, TSMC, which produces chips for Nvidia and Apple, will receive it this year. CEO of ASML Christophe Fouquet stated on July 17 that manufacturers of DRAM memory chips, such as Samsung, SK Hynix, or Micron, might start utilizing High NA in 2025 or 2026.