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Tag archive: plant upgrade

Intel to spend $8 Billion on plant upgrade

In a press release today, Intel announced that it will spend $6-8 billion upgrading plants in Arizona and Oregon. The upgrade will help the company manufacture Intel’s next-generation 22-nanometer chips and will happen over “several years.” Two weeks ago, Intel said that they had generated $11.1 billion revenue in their third quarter. With that mountain of…

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