Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 218.43

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10:57 AM EST

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To: AK2004 who wrote (31591)	3/14/2001 6:21:15 PM
From: Win Smith	Read Replies (1) of 275872

Intel delays $2bn Irish fab upgrade theregister.co.uk The Register's sardonic take on that story. Intel Ireland spokesman Bill Riley told the Irish Times that the $2 billion would still be spent when construction recommences in 2002. Pesumably this mean the company will spend less than the $7.5 billion it originally earmarked for investments in chip production this year. Ironically, Chipzilla chief Craig Barrett told attendees at the Intel Developers Forum last month that "you never save your way out of recession", referring to cutting back R&D and infrastructure spending. Quite the reverse, he said, you spend more money, so you're ready when the recession ends. ®

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