GlobalFoundries Sues Tower to Block Chip Imports, ASML Secures $7.97B EUV Order
GlobalFoundries filed two U.S. District Court and one ITC patent suits against Tower Semiconductor to block Tower chip imports, potentially shifting specialty foundry share toward Taiwan Semiconductor Manufacturing Co. ASML booked a $7.97 billion EUV order from SK Hynix through 2027, signaling robust AI-driven wafer demand that underpins TSM’s capex recovery.
1. GlobalFoundries Files Suit Against Tower Semiconductor
GlobalFoundries initiated two patent infringement lawsuits in the U.S. District Court for the Western District of Texas and one appeal at the U.S. International Trade Commission, targeting 11 patents related to smartphone and electronic device chips. The action seeks to block imports of Tower-made chips and could redirect specialty foundry volumes toward Taiwan Semiconductor Manufacturing Co.
2. ASML Secures $7.97 Billion EUV Lithography Order
ASML announced a $7.97 billion order for advanced EUV lithography systems from SK Hynix, covering shipments through 2027. The landmark deal underscores sustained AI-driven wafer demand and reinforces the capital spending outlook for leading contract foundries such as Taiwan Semiconductor Manufacturing Co.