Intel invests $7 billion in Stateside 32nm manufacturing

You might not be getting you hands on that Calpellaany time soon, but that isn't a sign that Intel is backing down -- if anything, the company has big things in store, including a newly announced $7 billion plan to upgrade four of its Stateside facilities so they can start rolling out those new-fangled 32nm chips we've been hearing so much about. This is good news for the struggling American manufacturing sector, and great news for fans of smaller, faster gadgets -- but not particularly great news for AMD, who entered the new year with a $1.4 billion loss and an eroding share of the x86 processor market.

[Via Forbes]