Thursday, April 28, 2011

Intel (NASDAQ:INTC) Opens New Facility

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%

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