Silicon Investor (SI) -- The First Internet Community

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (83401)	12/17/1999 12:04:00 PM
From: tejek	Read Replies (1) \| Respond to of 1573062

Intel's expansion plans; reopening facility in Aloha, OR...that's probably where PB is. ____________________________________________________________ Intel Takes Steps to Boost Production at Several US Locations Santa Clara, California, Dec. 16 (Bloomberg) -- Intel Corp., the world's biggest semiconductor maker, is taking steps to boost production at several plants in the U.S. as demand for its microprocessors and others products rises. The company is reopening a plant in Aloha, Oregon, to make memory chips. It's spending $800 million to renovate a plant in Hudson, Massachusetts, and has filed for permits to build a new plant near Chandler, Arizona. No decision has been made on whether to build in Chandler, a spokesman said. Intel is struggling to meet demand for microprocessors right now as more people buy personal computers to get on the Internet. It's also selling more flash-memory chips, which retain information even when the power in a device is turned off. The chips are crucial for making mobile phones and electronic organizers. ``We're in the process of evaluating our capacity plans,' Intel spokesman Chuck Mulloy said of the Chandler permits. Intel already has two plants in Chandler, near Phoenix. ``We're looking at other sites' too, Mulloy said. The company is moving ahead with plans to reopen the Aloha plant, just west of Portland, to make flash memory. The factory was built in 1978 and mothballed in 1998. Flash memory, based on technology Intel invented, is one of the fastest-growing parts of the semiconductor market. Flash sales are expected to rise 63 percent to $4.1 billion this year, according to the Semiconductor Industry Association. Upgrading Hudson Intel unveiled the investment plan for the Hudson, Massachusetts, plant today. It bought the factory from Digital Equipment Corp. in May 1998 as part of a settlement of patent litigation with Digital. Intel runs all of its ``fabs' with the same machines and processes, and the Hudson plant has to be brought up to the same standards as the others, Mulloy said. Intel plans to spend $800 million on the plant in the next two years and will add 450 jobs there, Mulloy said. The plant is where Intel is making its new Network Processor, which is designed to run computer networking equipment. Intel has 12 plants now making chips around the world. The company said in late October that it would meet all commitments to sell chips to customers, even though supplies of the products were ``tight' because of rising demand. Shares of the Santa Clara, California-based company rose 1 5/16 to 80 1/4 today. They've risen 35 percent this year. Intel's plans to reopen the plant in Oregon were reported earlier by the Oregonian newspaper. The company's request for permits in Arizona was reported earlier by the Mesa Tribune. Dec/16/1999 18:41 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.