Just three percent
Chipzilla has reduced its stake in supplier ASML to just below three percent.
The news comes from an update from the registry of the Netherlands’ Authority for Financial Markets (AFM).
Intel and two other major semiconductor makers bought stakes in ASML in 2012, in part to help fund development of ASML’s newest generation of lithography systems, which perform a critical step in the chipmaking process.
However, the chipmakers have been gradually selling down their stakes in ASML since then.
In December 2017, the AFM said Intel’s stake had fallen below a five percent reporting threshold.
