Intel's first 22nm microprocessors, codenamed Ivy Bridge, will hit production in late 2011. "The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow." While Intel generates approximately three quarters of its revenues overseas, it maintains three quarters of its microprocessor manufacturing in the US. ![]() ![]() "Today's announcement reflects the next tranche of the continued advancement of Moore's Law and a further commitment to invest in the future of Intel and America," Intel president and chief executive officer Paul Otellini said in a statement. The projects will support 6,000 to 8,000 construction jobs and result in 800 to 1,000 new permanent tech jobs. Intel has announced plans to invest between $6 billion and $8 billion on its next-generation 22nm manufacturing process across several existing US factories in Arizona (Fab 12 and Fab 32) and Oregon (D1C and D1D), along with construction of a new development fabrication plant in Oregon (D1X, to open in 2013).
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