Let’s see what ASML said about Intel<\/a>. <\/p>\n ASML noted in a press release on July 15 that Intel Foundry is now using its high-NA extreme ultraviolet (EUV) lithography machines to mass-produce Panther Lake client processors based on the Intel 18A process node. It is worth noting that Intel found it difficult to meet demand<\/a> for its client central processing units (CPUs) used in personal computers (PCs) and laptops in Q1. <\/p>\n However, Intel CFO David Zinsner noted on the April earnings call that the volume of Panther Lake CPUs will “be up six or seven times in the second quarter relative to the first quarter.” Additionally, Zinsner noted that the gross margin of the Panther Lake platform will improve with each quarter. <\/p>\n Intel started shipping Panther Lake CPUs late last year, and management’s comments on the Q1 earnings call suggested solid demand. So, ASML’s announcement that these chips are now in high-volume production indicates that Intel is on track to meet the robust demand for its client CPUs. <\/p>\n ASML also pointed out that it will collaborate with Intel to further refine the 18A process node to help enable broader adoption. Intel has been trying to close the gap with AMD in the server CPU market with chips manufactured using the 18A process node, and it looks like it may be making progress on that front with ASML’s help. <\/p>\n All this could set Intel up for a better-than-expected quarterly report next week. <\/p>\n A solid set of results could send Intel stock higher <\/p>\n Intel expects Q2 revenue of $14.3 billion and non-GAAP earnings per share of $0.20. The top line will grow by 11% year over year, while the bottom line points toward a major turnaround from last year’s loss of $0.10 per share. <\/p>\n Story Continues <\/p>\n Intel’s client computing group (CCG) is one of its biggest business segments, producing $7.7 billion in Q1 revenue. However, this segment’s revenue increased by just 1% year over year. The aggressive ramp-up of a key product in the CCG segment, i.e., Panther Lake, could supercharge its growth. Also, analysts anticipate that Intel will guide for a year-over-year jump of 11% in revenue in Q3. However, it could call for a larger jump, given the significant increase in client CPU output. <\/p>\n So, don’t be surprised to see Intel stock soar higher following impressive gains of 141% so far in 2026, primarily due to improving growth prospects fueled by its product development moves. <\/p>\n Should you buy stock in Intel right now? <\/p>\n Before you buy stock in Intel, consider this: <\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and Intel wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. <\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $371,842!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,244,783!* <\/p>\n Now, it’s worth noting\u00a0Stock Advisor’s total average return is 900% \u2014 a market-crushing outperformance compared to 207% for the S&P 500.\u00a0Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built by individual investors for individual investors. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of July 20, 2026. <\/p>\n Harsh Chauhan<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, and Intel. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Intel. Intel is using ASML’s advanced equipment for the mass production of cutting-edge chips <\/p>\n