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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tony Viola who wrote (98010)	2/2/2000 12:01:00 AM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Tony & Intel Investors - Intel Acquires 8-Inch Rockwell Fab in Colorado Springs !!! "Intel Corp. will announce Wednesday its purchase of the eight-inch fab building here that was built but never facilitized by Rockwell International before its Rockwell Semiconductor division became Conexant Systems Inc. .—Intel Corp. will announce Wednesday its purchase of the eight-inch fab building here that was built but never facilitized by Rockwell International before its Rockwell Semiconductor division became Conexant Systems Inc." Paul {===================================} eet.com Intel to acquire former Rockwell fab By Loring Wirbel EE Times (02/01/00, 7:35 p.m. EST) COLORADO SPRINGS, Colo.—Intel Corp. will announce Wednesday its purchase of the eight-inch fab building here that was built but never facilitized by Rockwell International before its Rockwell Semiconductor division became Conexant Systems Inc. While no purchase price for the building would be disclosed Tuesday, sources close to Intel said the deal is final, and that installation of test equipment could begin by late winter. Intel plans to use the fab for advanced sub-quarter-micron CMOS processes for 32- and 64-bit processors, according to an analyst who asked to remain anonymous. A fairly rapid ramp for the fab is foreseen. While employees at Intel's Rio Rancho fab in New Mexico claim limited cutbacks have begun at the Fab 9 facility on the West Mesa near Albuquerque, an Intel spokesman said that any slowdown in hiring was related to equipment refurbishing, and that Rio Rancho remains on a fast growth path. The former Rockwell facility at Garden of the Gods Road is one of the largest industrial buildings in the region, dwarfing Colorado Springs fabs owned by Atmel Corp. and LSI Logic Corp. Rockwell arrived in Colorado Springs in 1995 when it acquired a former fab of United Technologies Microelectronics Center. It constructued the Fab 8 building on an adjacent property in 1996, but wrote the building off in 1998, after reduced foundry prices in Asia made the fab uneconomical to open. Intel is expected to announce its planned wafer capacity for the plant on Wednesday.