Intel Budgets $9B Towards Capital Expenditures in 2011
"The primary driver of what's taking us from a three-factory model - three high-volume manufacturing [facilities] to four high-volume manufacturing [facilities] - is the unit growth that we've experienced over the last couple of years and that we expect going forward," said CFO Stacy Smith during an investors' fourth-quarter 2010 earnings call in early January.
The growth increases Intel's capital expenditures budget by $3.8 billion, and will hone in on its PC and server production.
Intel is already planning a new fabrication plant in Hillsboro, Oregon, and upgrades to four existing facilities, two of which are in Hillsboro and two in Chandler, Arizona.
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