AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

TECH SLOWDOWN Intel, Rivals And SIA Saying Chips Down, But Rebound Looms.(INTERNET & TECHNOLOGY)

Investor's Business Daily

| June 08, 2001 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Byline: James DeTar

Intel Corp. says it's holding its own in a tough market. In a midquarter update on Thursday, the world's largest chipmaker said things haven't improved,but they haven't gotten worse.

The company said the second half of the year, as is usually the case, shouldoutperform the first half. Several other chipmakers and an industry trade group this week offered much the same view.

Intel says its second-quarter sales should fall within guidelines it gave onApril 17. At that time, Intel said it expected revenue of $6.2 billion to $6.8billion. It now says it will be in the low end of that range.

A final number of $6.2 billion would be a 25% decline from its $8.3 billion in sales for second-quarter 2000. Its first-quarter sales plummeted 54% …

Related articles from newspapers, magazines, journals, and more
Rahul Sud. (founder of Lattice Semiconductor Corp.) (company profile)
Magazine article from: Business Journal-Portland Anderson, Michael A. January 12, 1987 700+ words
Some execs are good investments - some aren't. (chief executive officer...
Magazine article from: Dallas Business Journal Allen, James C. June 17, 1994 700+ words
New products, low chip inventories fuel Lattice surge. (Lattice Semiconductor...
Magazine article from: Business Journal-Portland Manning, Jeff May 6, 1991 700+ words
Lattice Semiconductor Corp. (proxy report excerpts) (company profile)
Magazine article from: Business Journal-Portland June 11, 1990 700+ words
CYPRESS SEMICONDUCTOR CORP. ENGAGES CHIPMOS TAIWAN FOR TESTING.
News wire article from: Asia Africa Intelligence Wire August 4, 2004 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily