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

To: Paul Engel who wrote (146355)	10/30/2001 9:01:51 PM
From: Paul Engel	Respond to of 186894

Intel does not reveal 2002 CapEx, but plans to accelerate 0.09-micron chip efforts By Semiconductor Business News Oct 30, 2001 (4:23 PM) URL: siliconstrategies.com SANTA CLARA, Calif. -- Executives from Intel Corp. here today did not reveal the company's capital spending plans for 2002, but noted it will accelerate the development of its next-generation, 90-nm (0.09-micron) process technology. During a Web cast event here today, Craig Barrett, president and chief executive of Intel, said the company plans to unveil its 0.09-micron process technology by "early-2003." Barrett also dropped hints that the company would roll out 0.09-micron chips as early as the "first quarter of 2003." Previously, the company said it would develop this technology by 2003, but declined to be specific about those plans. Intel calls its 90-nm process as P862 and P1262. The P862 process is based on 8-inch wafers, while P1262 is built around 300-mm substrates. The process is based on copper-interconnects, low-k dielectrics, and other features. At present, the Santa Clara-based chip giant is still ramping up its microprocessors and other chip lines, based on 0.13-micron process technology. During the Web cast, Barrett insisted that the company would meet its previously-stated plan to spend $7.5 billion in terms of capital expenditures for 2001. He gave no indication of the company's capital spending plans for 2002. But an Intel executive recently told the Asian Wall Street Journal that the company's capital spending for 2002 would be 10-20% below that of 2001. IC Insights Inc. believes that Intel's capital spending could fall to $4.5 billion in 2002.