When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

AMD in deal to build chip factory in New York

Advanced Micro Devices has entered into a nonbinding agreement with the state of New York that calls for building a $3.2 billion microprocessor plant in Saratoga Springs.

AMD's prospective fabrication plant is tagged for a 200-acre site at the Luther Forest Technology Campus, the chipmaker said on Friday. AMD envisions a 1.2 million square-foot facility, which would likely produce microprocessors based on 32-nanometer manufacturing technology. The company, however, has to first deliver its chips based on 45-nanometer manufacturing technology, which it expects to introduce in mid-2008.

The agreement calls for AMD to begin construction as early as mid-2007, possibly putting the plant online in 2010. The state of New York has offered to help subsidize the $3.2 billion cost with $1 billion in incentives.

AMD's announcement comes a day after Intel issued a statement regarding the opening of its 65-nanometer plant in Ireland. The new plant and 65-nanometer technology are expected to help Intel move forward with a new line of multicore goods.


News source: CNET News.com

Report a problem with article
Next Article

Windows Vista Build 5456 Released

Previous Article

Microsoft to launch Windows CE 6.0 by end of 2006