Tata Electronics and ASML (ASML) announced the signing of a Memorandum of Understanding, MoU, to advance the semiconductor manufacturing ecosystem in India. Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics’ upcoming 300 mm semiconductor fab in Dholera, Gujarat. “This collaboration is an important step in the context of the intensifying strategic collaboration between India and The Netherlands in the field of critical technologies, such as semiconductor technology,” the company said.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASML:
- Lone Pine buys MasTec, exits Broadcom in Q1
- SMH vs. SOXX vs. SOXL: Which Semiconductor ETF Stands Out in 2026?
- INTC, QCOM, ASML: AMD Blockbuster Forecast Fuels Rally in Chip and Gear Stocks
- Roblox downgraded, Chipotle upgraded: Wall Street’s top analyst calls
- Applied Materials initiated with a Buy at Seaport Research