Intel (NASDAQ:INTC) Opens New Facility

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Intel (NASDAQ:INTC) and Micron have inaugurated their Singaporean fabrication facility. Intel (NASDAQ:INTC) Opens New Facility Intel (NASDAQ:INTC) and Micron Technology have officially opened the IM Flash Singapore fabrication facility, which will be used to produce 25nm NAND flash memory. It has been reported that the IM Flash joint venture between Intel (NASDAQ:INTC) and Micron Technology had achieved a 20nm process for NAND flash memory, although a competing joint venture between Toshiba and SanDisk have announced 19nm processes. The 300mm facility cost US$3billion and will employ more than 1200 employees. Intel Corp. (NASDAQ:INTC) stocks are currently standing at 22.63. Price History Last Price: 22.63 52 Week Low / High: 17.6 / 23.51 50 Day Moving Average: 20.72 6 Month Price Change %: 12.2% 12 Month Price Change %: -5.6%