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Intel Plans Seminar for Investment Analysts

November 28, 2005
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By Mike Rogoway, The Oregonian, Portland, Ore.

Nov. 28–Amid a $4 billion spending spree on manufacturing facilities, Intel has invited upwards of 50 investment analysts and semiconductor industry writers to Hillsboro this week for a first-of-its kind seminar on the chip maker’s production technology.

The two-day conference, beginning Wednesday, will help Intel explain its goals and strategy.

“It’s an update: where are we now, and where are we going,” said Chuck Mulloy, a company spokesman.

Intel is in the midst of two major transitions: The company is moving to make chips on larger, 300-milimeter silicon wafers that hold more than twice as many semiconductors as the old, 200-milimeter wafers; and Intel is shifting to chips with 65-nanometer circuitry, which are more powerful and more energy-efficient than the old generation of 90-nanometer circuits.

Several top executives, including Chief Financial Officer Andy Bryant, will speak at this week’s conference. Oregon Gov. Ted Kulongoski and U.S. Sen. Gordon Smith, R-Ore., also will give talks on Intel’s impact on the community and on global competition.

Intel is based in California, but Oregon hosts its largest base of operations. The company employs 16,000 people in and around Hillsboro, where it makes chips and designs new production techniques.

Most of the $4 billion in manufacturing investment announced this year will be in Arizona and New Mexico. Intel says it does not plan to significantly expand Oregon manufacturing, but it is considering upgrading its 200-millimeter Fab 20 in Hillsboro to use 300-millimeter wafers.

Intel also is contemplating a new, multibillion-dollar plant in Hillsboro, to be called D1E, to develop new chip-making technologies. Analysts have said they expect Intel’s existing Hillsboro development plant, D1D, will serve the company’s needs for roughly two more years, and Intel says it does not plan any major announcements this week.

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