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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 158.70+1.0%Dec 5 9:30 AM EST

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To: Ian@SI who wrote (5376)5/11/1998 9:24:00 AM
From: shane forbes  Read Replies (1) of 10921
 
Hey AMAT will like this! Some 300mm news (but no firm dates given):

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SGS-Thomson to invest $1.0 bln in France, Italy

PARIS, May 11 (Reuters) - European semi-conductor group SGS-Thomson Microelectronics NV <STM.PA> <STM.N> said on Monday it would spend about $1.0 billion in research facilities and pilot production sites in France and Italy.

It said in a statement it would invest $500 million to create a plant on 300mm/12-inch research and pilot production line at Crolles near Grenoble in France.

It will also host a new research and development centre and pilot line in Italy for four new generations of non-volatile technologies within the next five years, which will take an investment similar to that for France.

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Shane
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