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Taiwan Semiconductor Manufacturing Company, the world's biggest contract chipmaker, has agreed to invest 1.1bn euros ($1.4bn; £850m) in one of its key equipment suppliers in a bid to cut costs.
Under the deal, it will invest 276m euro in ASML to develop tools to make smaller, more cost-effective chips.
Under the deal, it will invest 276m euro in ASML to develop tools to make smaller, more cost-effective chips.
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