Intel to spend billions on new fab, plant upgrades
Intel is pledging to spend between $6 billion and $8 billion to build a new chip manufacturing plant and upgrade its existing fabrication plants in Arizona and Oregon.
The influx of cash will allow Intel's new and current fab plants to put more muscle behind building the chipmaker's next-generation, 22-nanometer microprocessors, which could eventually power sleeker devices that deliver higher performance and longer battery life at a cheaper cost.
Intel's first microprocessors built on the 22-nanometer process, codenamed "Ivy Bridge," will be in production in late 2011, the chipmaker said today.
Besides kicking in money … Read more