Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Exciton who wrote (103096)	5/1/2000 9:43:00 PM
From: Felix Appolonia	Read Replies (1) of 186894

Intel lays groundwork for $3.5 billion investment Chipmaking giant mulling sites from Oregon to Israel By Chris Kraeuter, CBS MarketWatch Last Update: 8:34 PM ET May 1, 2000 NewsWatch NEW YORK (CBS.MW) -- Intel Corp. is in talks with the Israeli government about investing $3.5 billion to expand a manufacturing facility there. The Financial Times reported that Intel (INTC: news, msgs), which has a $6 billion capital spending budget for this year alone, is also considering the investment for present locations in Ireland, Arizona, Oregon or New Mexico. Intel said no decision has been made and it is is "pre-qualifying" each site by obtaining permits and conducting regulatory reviews involving talks with local government officials. If the investment occured in Israel, it would be the single largest foreign direct investment in that country. Intel's work force there would jump from 4,000 to about 6,500. Chris Kraeuter is a reporter for CBS MarketWatch.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next