Though many on the Street aren't happy with Intel's (INTC -6.3%) plans to invest heavily in...
Friday, January 18, 7:07 PM ETThough many on the Street aren't happy with Intel's (INTC -6.3%) plans to invest heavily in 450mm chip wafer lines, the company might have little choice. "If you stop, TSMC and Samsung close the gap - and you're toast," says Bernstein's Stacy Rasgon. All 3 companies invested in ASML (ASML) last year in part to further 450mm development. Some might be more comfortable with the spending if there were more signs Intel's efforts to boost demand for ultrabooks/convertibles using relatively costly CPUs are paying off - CES dispatches on Intel-powered gear were often critical. (more)
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