Intel's Expensive New Plan to Upgrade Its Chip Technology - and US Manufacturing - Slashdot (slashdot.org)
Intel is done with stock buybacks, a financial move in which a company uses its cash to buy stock and thereby increase its price. "We're investing in factories," he told me. "That's going to be the use of our cash...."
Intel is heading back to the future, and putting a heck of a lot of dough into the trip. Fabs everywhere, and it's hard to view that as a bad thing.
tags: tech
link published in /2021/11/21