Taiwan Semiconductor's Intel Foundry Acquisition Could Be Negative For ASML, KLA, Synopsys, And Cadence: Analyst
1. Taiwan Semiconductor's acquisition of Intel Foundry may reduce capital efficiency for semicap. 2. Potential cancellation of high-NA EUV programs negatively impacts ASML's growth prospects. 3. Increased replacement of equipment at Intel Foundry could diminish demand for ASML's tools. 4. Post-acquisition, the EDA spending is expected to decline, affecting companies like ASML. 5. Intel's transition to TSMC could create orphan fabs, lowering equipment needs overall.