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The new 14 nanometer processor, codenamed Broadwell, allows for computers that are less than 9 millimeters thick, about a third the thickness of PCs from 2010.
ATIC says it will invest the money over the next to years, which will aid the factory's expansion to produce 20- and 14-nanometer nodes.
The semiconductor giant during its earnings call reveals the delay of its 14-nanometer chip due to a defect issue but says the problem is fixed.
Chemists at Tufts are on their way to creating an entirely new class of devices to be used in medicine and engineering thanks to their development of the world's first single-molecule electric motor.
Lenovo's phone is one of the first to use Intel's 32-nanometer Atom chip technology.
IDF talk shows that circuits inside Intel's Atom chip are slated to shrink to a size that is incomprehensibly small, the width of about 60 atoms.
According to the companies, the shift will enable mobile devices to offer 40 percent more computing performance and 100 percent greater battery life than the existing 45-nanometer process.
Intel's latest chip technology is percolating into low-cost laptops from Hewlett-Packard and Toshiba. It's part of an Intel strategy to get its 32-nanometer chips into a full range of laptops.
In 2010, the chip giant plans to base much of its business growth on the newest 32-nanometer chip technology.
New chips based on the 22-nanometer designs will run at a lower voltage and with lower power leakage, in an effort to improve both performance and energy efficiency.