Intel to spend billions on new fab plant

October 19, 2010 No Comments

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 next-generation, 22-nanometer microprocessors, which could eventually power sleeker devices that deliver higher performance and longer battery life at a cheaper cost.

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