paraphrase ''. Anyone working in technology knows that it's ever evolving with Intel being a leading market and them sharing that is their mission. "Intel's current long-term growth strategy is underpinned with its Smart Capital strategy; it aims to assist fund growth while generating flexibility and improved returns on investments." (Intel Highlights 2022 and Long-Term Growth Strategy at Investor Meeting, 2022) Intel's Smart Capital model calls for a disciplined approach towards investment, with government incentives, consumer participation, and other creative collaborations serving as balances to capital spending. This will enable the firm to respond rapidly to market opportunities and increase market share while controlling their margins in infostructure and capital spending. Smart Capacity Investments, Government Incentives, Customer Commitments, Infrastructure Agreements, and External Foundries are all important components of Smart Capital. Intel is rapidly building out 3 "shells," which account for a smaller amount of the expenses of a fabrication but also have the greatest lead time