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Featured Story: Intel invests $7B in US manufacturing, supports 7000 jobs as it looks to 32 nm
Monday, 16 February 2009 00:00
Full Issue
Intel Corp today announced it will spend $7 billion over the next two years to build advanced manufacturing facilities in the United States as it looks to 32 nm.
The commitment, announced by Intel President and CEO Paul Otellini at the Economic Club of Washington, DC, represents Intel’s largest-ever investment for a new manufacturing process and bucks the ongoing trend by many US-based companies to outsource manufcaturing.
“We’re investing in America to keep Intel and our nation at the forefront of innovation,” Otellini said in a statement. “These manufacturing facilities will produce the most advanced computing technology in the world. The capabilities of our 32-nm factories are truly extraordinary, and the chips they produce will become the basic building blocks of the digital world, generating economic returns far beyond our industry.”
Read more in the February 10, 2009 EDN
"Intel invests $7B in US manufacturing, supports 7000 jobs as it looks to 32 nm"
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