Intel's (Nasdaq:INTC) Capex for 2011

Reporting what they're calling the best quarter in the history of the company, Intel (Nasdaq:INTC) reported how they see their capex in 2011.

They started off saying they had total cash investment of $21.5 billion for the fourth quarter, about 1.2 billion more than they spend in the third quarter, and close to $7.6 billion more than spent in the fourth quarter of 2009. Cash generated from operations for full year 2010 was 16.7 billion.

Saying they see their core businesses continuing to grow strong in 2011, along the movement of graphics transistors to their leading edge processing technology, Intel said they are projecting capex of about $9 billion, with a lot of that going toward building and equipping incremental high volume manufacturing factory at 22-nanometer.

For research and development, they are going to add more than $700 million, focusing on building their leadership in the server and PC segments. They also want to continue to design and expand more generations of products, and add to their product line markets like tablets and smartphones.