ASML-Tata Deal Gives India’s Chip Ambitions Their Biggest Test Yet
ASML and Tata Electronics signed an agreement in The Hague to support Tata’s planned $11 billion semiconductor fab in Dholera, Gujarat. Indian Prime Minister Narendra Modi and Dutch Prime Minister Rob Jetten attended the signing. ASML will provide lithography tools and expertise for the project. The deal marks a key step in India’s push to build its first front-end chip manufacturing plant.