Intel To Invest Up To $2 Billion For Future Manufacturing Capabilities

May 20, 2004

Investment to Add Additional Cleanroom and Enable 65 Nanometer Process
SANTA CLARA, Calif., May 19, 2004 - Under an agreement with the Irish Development Authority (IDA), Intel Corporation today disclosed plans for an additional $2 billion investment in its facilities in Ireland. The company plans to make this investment to enable 65 nanometer (nm) process technology and build Fab 24-2 on the Ireland campus.

The investment will add an additional 60,000 square feet of manufacturing cleanroom space plus the necessary manufacturing equipment to enable the latest 65nm technology within both Fab 24-2 and existing Fab 24 facilities. Production for the new module is expected to begin the first half of 2006.

"We are about to begin production in Fab 24, our newest 300mm manufacturing facility," said Bob Baker, senior vice president, Technology Manufacturing Group. "This additional investment in the factory will help ensure that we have leading-edge manufacturing capacity to meet customer needs in 2006. The performance of our workforce in Ireland and our relationship with the government helped make this investment decision possible."

Under terms of an agreement with the IDA, Intel will receive grants and other potential incentives as it continues to invest in Ireland. Intel's 2004 capital expenditure forecast range of $3.6 billion to $4 billion will accommodate the spending for the early stages of this project.

Since 1989 Intel has invested approximately $6 billion in its Ireland operations. Approximately 4,700 Intel employees and contractors work at the Ireland site, mostly in Leixlip. This campus includes Irish Fab Operations (Fab10 and Fab14) along with the newly built Fab 24. The company also operates a circuit design center focused on communications products in Shannon.

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.

* Intel is a registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.

* Other names and brands may be claimed as the property of others.

Explore further: Intel To Invest $345 Million At Two U.S. Manufacturing Sites

Related Stories

Intel To Invest $345 Million At Two U.S. Manufacturing Sites

September 15, 2005

Intel Corporation today announced plans to invest $345 million in two of the company's existing manufacturing sites in Colorado and Massachusetts. The investments will be used to increase the capacity of the wafer fabrications ...

Intel To Build New 300 mm Wafer Factory In Arizona

July 25, 2005

Intel Corporation today announced plans to build a new 300-mm wafer fabrication facility at its site in Chandler, Ariz. The new factory, designated Fab 32, will begin production of leading-edge microprocessors in the second ...

Recommended for you

Genetics preserves traces of ancient resistance to Inca rule

December 12, 2017

The Chachapoyas region was conquered by the Inca Empire in the late 15th century. Knowledge of the fate of the local population has been based largely on Inca oral histories, written down only decades later after the Spanish ...

Tasmanian tiger doomed long before humans came along

December 12, 2017

The Tasmanian tiger was doomed long before humans began hunting the enigmatic marsupial, scientists said Tuesday, with DNA sequencing showing it was in poor genetic health for thousands of years before its extinction.

New silicon structure opens the gate to quantum computers

December 12, 2017

In a major step toward making a quantum computer using everyday materials, a team led by researchers at Princeton University has constructed a key piece of silicon hardware capable of controlling quantum behavior between ...

Two holograms in one surface

December 12, 2017

A team at Caltech has figured out a way to encode more than one holographic image in a single surface without any loss of resolution. The engineering feat overturns a long-held assumption that a single surface could only ...

Telescopes team up to study giant galaxy

December 12, 2017

Astronomers have used two Australian radio telescopes and several optical telescopes to study complex mechanisms that are fuelling jets of material blasting away from a black hole 55 million times more massive than the Sun.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.