Intel Plans to Shed East Coast Chip Plant - Digits - WSJ: "Intel, which is based in Santa Clara, Calif., leans more heavily on larger, newer factories in Arizona, New Mexico and Oregon, as well as plants in Ireland, Israel and China. Such “fabs,” as they are called, fabricate chips on silicon wafers. The company regularly updates fabs with new production processes that shrink the size of circuitry to add more features to chips at ever-lower costs per function. Intel is currently in high-volume production of chips with circuit dimensions rated at 22 nanometers, or billionths of a meter, using wafers that are 300 millimeters across (larger wafers reduce the cost of each chip produced)." (read more at link above)