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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| August 02, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TECHNOLOGY

Intel product problems boost rival

The world's No. 1 chipmaker has told computer makers that it's not going to meet its year-end target for delivering a high-speed chip for desktop PCs, and expects to ship a 4GHz chip in Q1. Bad news for Intel was good for rival chipmaker AMD, whose stock rose 5.5% to 12.49. Intel CEO Craig Barrett recently warned employees mistakes would not be tolerated following earlier reported production problems.

SMIC Q2 reverses year-ago loss

China's No. 1 chipmaker Semiconductor Manufacturing International made 9 cents a share, reversing a year-ago loss on nearly tripled sales of $221 mil. Shares of SMIC, which had a $1.8 bil IPO in March, rose 4% to 10.84. But analysts raised concerns semiconductor demand has peaked.

D Squared to stop pop-up ads

The software firm agreed to stop targeting computer users with Internet pop-up ads to advertise its ad-blocking software, sidestepping a court battle with the FTC; the agency filed a civil suit last year. D Squared Solutions made a ...

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