Intel (NASDAQ:INTC) recently broke ground on a new foundry that will be first to make use of the highly anticipated next-generation 450-millimeter wafer in a commercial setting.

After the initial investments are made, it's expected that Intel's capital expenditures and cost per component will decline significantly relative to 300-millimeter wafers. Down the road, this could lead to improved profitability, not to mention, better price competitiveness for Intel in the age of mobile computing. In fact, GlobalFoundries estimates that at the 22-nanometer level, a foundry could realize a 25% in cost savings per die.

In this Motley Fool Tech installment, tech analysts Eric Bleeker and Jamal Carnette sit down with Fool contributor Steve Heller to discuss this development.