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

To: Elmer who wrote (130170)	3/16/2001 5:53:43 PM
From: Elmer	Respond to of 186894

Intel investors. A roundup of the last couple of day's news. Before we start slashing our wrists let us remember the Ocotillo ultra-mega Fab construction continues full speed ahead, the Colorado Springs Fab is about to come online, The New Mexico Fab expansion is continuing and the buildout in Hudson is still a go, even if expansion is on hold. ----------------------------- Mar 16, 2001 (Tech Web CMP via COMTEX) Intel on Friday confirmed that the chip market slowdown has claimed its second fab victim in a week, as a $500 million module 4 expansion at the company's Hudson, Mass., complex has been suspended for an indefinite time. ------------------------------------------------------- AUSTIN, Texas (Dow Jones)Intel Corp. (INTC) will halt all work on a planned $124 million chip design center in Austin for the time being, a move the company contends is intended to blunt the visual impact of the unfinished building on the city's skyline. An Intel spokeswoman said work on the facility, located downtown, will be stopped with about six stories erected. The company previously said it would put development on hold indefinitely after finishing the 10story skeleton. --------------------------------------------------- Intel to restructure; new Kiryat Gat plant in doubt --------------------------------------------------- Intel Corp (Nasdaq: INTC) disclosed Thursday that it is delaying the completion of a US$2.2 billion chip-making plant at Leixlip in County Kildare, Ireland, until the middle of 2003.