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


To: Exciton who wrote (103096)5/1/2000 9:43:00 PM
From: Felix Appolonia  Read Replies (1) | Respond to 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.




To: Exciton who wrote (103096)5/2/2000 5:15:00 AM
From: Amy J  Read Replies (1) | Respond to of 186894
 
Hi Exciton,

The article you posted has a mention about Transmeta (it's back). Transmeta made RH's top 50 companies list.

On another note, I read a lot of press news today on network chips, which are all the buzz this week. Looks like growth is kind of good. Good for Intel.

Amy J



To: Exciton who wrote (103096)5/2/2000 2:38:00 PM
From: Harry Landsiedel  Read Replies (1) | Respond to of 186894
 
Exciton and thread: Another good article on Intel's analyst conference. This time from the Motley Fool.

fool.com

HL