"Hot on the heels of Intel's record-breaking quarter, the chipmaker has announced the specifics of its 22nm transition plans. Intel will spend between $6 billion and $8 billion upgrading its fabs for 22nm, with part of the money going to a brand new fab in Oregon. Given that Otellini has spent the better part of the year complaining, in one venue after another, to anyone who will listen, about what an uncompetitive and business-hostile environment America is compared to the rest of the world, it's a bit surprising that not only is 100 percent of this fab upgrade money being spent in the US, but Intel is trumpeting this as an investment in America." | more
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