We are in the middle of a very important technology cycle, ... The companies who cut back on investment now, when the recovery comes, will be stuck with 8-inch capacity...compared to other players who moved to 12-inch.

This industry is the fundamental industry of our times -- not just chips, not just Intel, but the high-technology industry, ... For those of you that have a stake in there, I'd like to share my confidence and enthusiasm for this industry long-term. So keep the faith.

We wouldn't make a huge investment in such a young technology that hasn't yet stabilized. It wouldn't be a good use of tuition dollars.

It's a way for Microsoft to leverage the investment they've already made in this technology. I don't know if this move is to appease banks. It's more to allow Microsoft to generate revenue.

We coupled that technology investment with dramatic pricing reductions, which have now basically run through the whole industry.

They want to be able to measure the gains and know whether it's a good technology investment.