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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Diamond Jim who wrote (92733)11/17/1999 7:29:00 PM
From: Diamond Jim  Read Replies (1) of 186894
 
news.cnet.com

Pentium IIIs in short supply, Intel confirms
By Jim Davis
Staff Writer, CNET News.com
November 17, 1999, 10:20 a.m. PT
Intel confirmed that supplies of new Pentium III chips have been limited, but the chip giant said it is taking steps to meet demand.


As first reported by CNET News.com, computer makers have had a hard time getting Pentium IIIs for the past few weeks, but Intel said today it is still on track to ship "millions" of its newest chips this quarter.

"PC demand is very strong, and what we are doing is working to ramp up production to meet orders over and above what we've already committed to for the quarter," said Michael Sullivan, an Intel spokesman.

Supplies remain tight across all PC processor lines--not just the newest Pentium IIIs launched in October--and supplies of chipsets are tight, too, Sullivan said.

PC demand has exceeded expectations, he said, leading to an inability to fill all the orders beyond what the company's original commitments were.
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