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1991 Intel Annual ReportA rapid market transition to our newest generation microprocessors fueled Intel’s continued growth in 1991, producing record results for the year. Both revenues and earnings per share were up 22 percent over 1990.Supporting a Strong Product TransitionComputers based on our "second wave" products – Intel486™ CPUs for desktop computers and Intel386™ SL microprocessors for notebook computers—are displacing machines based on the earlier "first wave" of Intel 32-bit microprocessors. We shipped 2 million second-wave CPUs in 1991, setting a record for a new product ramps.Committed for expanding manufacturing capacity for high-performance microprocessors, we spent close to $1 billion on capital programs in 1991. This included the new 0.9-micron chip productions line in Rio Rancho, New Mexico, which began production in mid-year, as well as the opening of a new systems plant in Ireland and the “sod-breaking” for our Irish wafer production plant.On the other side of this coin, we phased out production at older chip fabrication facilities in Santa Clara and Livermore, California, and at our Singapore systems plant.We are also supporting the market’s rapid transition with an aggressive advertising program. Out Intel Inside® cooperative program, aimed at creating a PC-user preference for Intel 32-bit CPU-based PCs, has enlisted 342 original equipment (OEMs) to date.Read the full 1991 Intel Annual Report.
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