Why Intel is making capital investments

08/26/2009 | CFO.com

Intel is investing $7 billion to upgrade three factories during the next two years, even as many companies are cutting costs to shore up their balance sheets. When the plants are ready in 2011, however, Intel will have a sizable competitive advantage in the race to build faster processors. Intel Chief Financial Officer Stacy Smith said the company is able to make large investments in part because it began reducing its staff several years ago, well before the recession began.

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