Craig Barrett
Craig Barrett
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The semiconductor industry faces many technical challenges that need to be addressed if we are to maintain the rate of progress that has been the hallmark of our industry. The Focus Center Program is designed to create a nationwide multiuniversity network of research centers that will help keep the United States and U.S. semiconductor firms at the front of the global microelectronics revolution.
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Today's announced merger extends our strength in networking and communications. It provides us with the silicon building blocks necessary to supply the rapidly growing demands created by the Internet and e-commerce.
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The pace of technology innovation is accelerating. The investment demonstrates the company's long-term commitments and builds on the foundation we created during the last ten years. Through the Intel Capital India Technology Fund, Intel will help Indian companies drive technology adoption locally and identify new business opportunities globally. We will grow our local operations, boost venture capital investment and work closely with the government, industry and educators to increase the impact of the country's Information and Communication Technology.
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When a major corporation like Intel chooses to relocate, the other corporations will follow.
basic resources spend
We will spend more on development resources for the Basic PC.
businesses
Essentially all of our businesses will be conducted in this fashion,
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Our announcement is an assembly and test factory, a 300 million dollar initial investment, 1,200 people initial employment: (it's) just one small initial step.
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committed to investing for growth and returning excess cash to our stockholders.
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Discovery, ingenuity and innovation have always been at the forefront of the U.S. economic and technological leadership. Unfortunately recent indicators show that we are at risk of losing our competitive edge. The business community commends the President for making American competitiveness a national goal.
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We had growth across nearly all of our geographies and product lines, including strong microprocessor sales. In the third quarter, the PC industry recovered from its inventory problems and is benefiting from strong seasonal demand.
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Micron is one of the industry leaders with a new generation of products and leading-edge manufacturing technology. Our goal in making this equity investment is ensuring an adequate supply of memory components, particularly Direct RDRAM. This is a significant strategic investment that supports our microprocessor road map into 2000 and beyond.
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Will supply and demand dictate a rise in wages for COBOL programmers? I think the real issue will be a movement away from older infrastructures, but if you need Fortran, you will end up paying for it.
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We continue to drive the convergence of computing and communications through our product lineup, and with this we see wireless local area networking and wide area cellular technologies coming together,
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We need to work together (with the U.S. government) to make trade agreements with China right for both of us,