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February 10, 2009 8:32 AM PST
WASHINGTON--Intel President and CEO Paul Otellini announced on Tuesday a $7 billion investment in U.S.-based manufacturing facilities, telling a crowd of Washington elites that the current economic recession gives the nation an opportunity to make once-in-a-lifetime changes and investments for the future.
"This technology we're investing in right now is the most amazing thing I've seen in my three and a half decades at Intel," he said.
WASHINGTON--Intel President and CEO Paul Otellini announced on Tuesday a $7 billion investment in U.S.-based manufacturing facilities, telling a crowd of Washington elites that the current economic recession gives the nation an opportunity to make once-in-a-lifetime changes and investments for the future.
"This technology we're investing in right now is the most amazing thing I've seen in my three and a half decades at Intel," he said.