A semiconductor equipmentmaker firm ASML sold Stake to intel.

The world's largest supplier of equipment to computer chip manufacturers, ASML Holding, a Dutch semiconductor equipment maker, said Monday that Intel Corp intends to take a 15 percent stake in the company for around $3.07 billion and also help fund research into new technologies.
Under the terms of the deal, Intel will buy an initial 10 percent of ASML's shares for about $2.1 billion.

The American technology giant also agreed to pay about $1 billion to help finance additional research and development costs at ASML.
The investment will be used primarily to speed up the introduction of bigger chip
wafers and newer semiconductor manufacturing technology known as
extreme ultraviolet lithography.

If approved by ASML shareholders, Intel would later buy an additional 5 percent for $1 billion.
Without incurring taxes in the United States Intel plans to pay for the investment through cash held in foreign subsidiaries.

ASML had earlier said they planned on selling up to 25% of itself to other chip making Semiconductor Manufacturing Company like intel who are aslo their customer as a way of raising fund. ASML makes multimillion dollar machines that are used at the heart of the semiconductor making process. Its 'lithography systems' use intensely focused beams of light to map out the circuitry of computer chips.

Eric Meurice, Chief Executive Officer of ASML, said  "We welcome Intel as the first customer to agree to contribute to these investments, the results of which will be available to every semiconductor manufacturer with no restrictions".