Feb. 10, 2009 – Bucking the downward trend of the market (as it has historically done), Intel is ramping up investments in leading-edge (32nm) chipmaking operations across the US.
The $7B in spending flagged over the next two years will focus on existing sites in Oregon, Arizona, and New Mexico, and will be used partially to support 7000 workers (~15% of its national workforce). The company pointed out in a statement that while 75% of its sales are shipped out of the country, 75% of its manufacturing and R&D/capex investments are domestic.
“We’re investing in America to keep Intel and our nation at the forefront of innovation,” said Intel president/CEO Paul Otellini, in a statement.
Intel’s first processors built with 32nm technology — code-named “Westmere,” incorporating Intel’s Nehalem architecture and integrated graphics capabilities, and targeting desktops and mobile devices, are expected to ramp later this year.