The plant would begin operation in 2010 at the earliest and would increase AMD's total capacity by nearly 50 percent over the expected 2008 level, Preston Snuggs, AMD's vice president of logic manufacturing operations, told Reuters.

New York state, which has been trying to attract high-tech jobs to upstate Saratoga County, had offered $900 million worth of incentives in the form of cash, research and development subsidies and tax rebates, Snuggs said.

"What this does is give us the flexible capability to extend our manufacturing capacity," Snuggs said.

The news follows an announcement by AMD last month that it will spend $2.5 billion to expand and upgrade its chip plants in Dresden, Germany, as part of its plan to quadruple capacity between 2005 and 2008.

"This gives us a long-term plan in terms of manufacturing, a good road map for the future. It should supply customers with products they need in the quantities they need," Snuggs said.

By: DocMemory
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