Date: 21/10/2010

Intel to pump $6-8 billion for building 22nm fab in U.S. and to create 1000s of jobsIntel Corporation has announced its plan to invest between $6 billion and $8 billion for deployment of Intel's next-generation 22- nanometer (nm) manufacturing process across several existing U.S. factories, along with construction of a new development fab in Oregon. The projects will support 6,000 to 8,000 construction jobs and result in 800 to 1,000 new permanent high-tech jobs. "Today's announcement reflects the next tranche of the continued advancement of Moore's Law and a further commitment to invest in the future of Intel and America," said Intel President and CEO Paul Otellini. "The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow." Intel pinning strong hope on PC market where 1 million PCs shipping per day. Along with its traditional market Intel is also addressing mobile phones and embedded computing. One thing not very clear is about the formfactor (shape) the future tablet computers are taking up. However Intel is getting ready to dominate this market. By pouring in billions of $s Intel is ensuring its role as owner of top notch fab in the world. Intel has named Oregon fab as "D1X" and is scheduled for R&D startup in 2013. Upgrades are also planned for a total of four existing factories in Arizona (known as Fab 12 and Fab 32) and Oregon (known as D1C and D1D). "Intel makes approximately 10 billion transistors per second. Our factories produce the most advanced computer technology in the world and these investments will create capacity for innovation we haven't yet imagined," said Brian Krzanich, senior vice president and general manager of Intel's Manufacturing and Supply Chain. "Intel and the world of technology lie at the heart of this future. Contrary to conventional wisdom, we can retain a vibrant manufacturing economy here in the United States by focusing on the industries of the future." Here is what Intel says on its commitment to U.S. "While Intel generates approximately three-fourths of its revenues overseas, it maintains three-fourths of its microprocessor manufacturing in the United States. This new investment commitment also allows the company to maintain its existing manufacturing employment base at these sites."

Intel Corporation has announced its plan to invest between $6 billion and $8 billion for deployment of Intel's next-generation 22- nanometer (nm) manufacturing process across several existing U.S. factories, along with construction of a new development fab in Oregon. The projects will support 6,000 to 8,000 construction jobs and result in 800 to 1,000 new permanent high-tech jobs.

"Today's announcement reflects the next tranche of the continued advancement of Moore's Law and a further commitment to invest in the future of Intel and America," said Intel President and CEO Paul Otellini. "The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow."

Intel pinning strong hope on PC market where 1 million PCs shipping per day. Along with its traditional market Intel is also addressing mobile phones and embedded computing. One thing not very clear is about the formfactor (shape) the future tablet computers are taking up. However Intel is getting ready to dominate this market.

By pouring in billions of $s Intel is ensuring its role as owner of top notch fab in the world. Intel has named Oregon fab as "D1X" and is scheduled for R&D startup in 2013. Upgrades are also planned for a total of four existing factories in Arizona (known as Fab 12 and Fab 32) and Oregon (known as D1C and D1D).

"Intel makes approximately 10 billion transistors per second. Our factories produce the most advanced computer technology in the world and these investments will create capacity for innovation we haven't yet imagined," said Brian Krzanich, senior vice president and general manager of Intel's Manufacturing and Supply Chain. "Intel and the world of technology lie at the heart of this future. Contrary to conventional wisdom, we can retain a vibrant manufacturing economy here in the United States by focusing on the industries of the future."

Here is what Intel says on its commitment to U.S. "While Intel generates approximately three-fourths of its revenues overseas, it maintains three-fourths of its microprocessor manufacturing in the United States. This new investment commitment also allows the company to maintain its existing manufacturing employment base at these sites."