Synopsis of INTC release:
Intel Reports Record Annual and Quarterly Revenue and EPS Q4 Earnings Excluding Acquisition-related Costs $0.69 Per Share, Up 15% Q4 EPS $0.61, up 3%
Thursday January 13, 4:16 pm Eastern Time Company Press Release
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 13, 2000--
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Capital spending for 2000 is expected to be approximately $5.0 billion, up from $3.4 billion in 1999. The higher anticipated capital spending is the result primarily of expenditures related to the development of next generation 0.13-micron process technology for both 300 mm and 200 mm, in addition to increased spending on new fab construction and equipment purchases to add 0.18-micron capacity.
... yada, yada, yada ... -------------------------------------------------------------------------------- Contact: Intel Corporation Doug Lusk, 408/765-1679 (Investor Relations) doug.m.lusk@intel.com Tom Waldrop, 408/765-8478 (Press Relations) tom.waldrop@intel.com |