(Bloomberg) -- Canon Inc. will spend more than 50 billion yen ($350 million) to build a plant in the central Japanese prefecture of Tochigi to expand production of its existing lithography machines for chipmaking.Construction will begin in Utsunomiya in 2023 and the plant will start operation in 2025, Canon spokesman Hiroki Kobayashi told Bloomberg News by phone on Wednesday. The company may also use the facility to produce next-generation chipmaking equipment -- around a technique it calls Nano
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value26-Sep-2240,000 €452.2236 €18,088,944.00 27-Sep-2240,000 €455.1468 €18,205,872.00 28-Sep-2245,000 €442.4120 €19,908,540.00 29-Sep-2240,000 €438.0273 €17,521,092.00 30-Sep-2232,000 €429.6921 €13,750,147.20 ASML’s curre
ASML stock is down over 45% on the fear that there might be a decrease in semiconductor equipment spending.