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Technology Stocks : Intel Corporation (INTC)
INTC 37.51-0.8%Dec 15 3:59 PM EST

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To: Tony Viola who wrote (115198)10/30/2000 2:01:52 AM
From: Paul Engel  Read Replies (4) of 186894
 
Tony & Intel Investors - Here's some not-so-good-news !!

"Via, Intel Cut Chipset Output at Taiwan Semiconductor, CN Says "

And Intel supposedly has only recently started (if at all) using TSMC for the i810 chip set production !

Paul
{=====================}

quote.bloomberg.com

Via, Intel Cut Chipset Output at Taiwan Semiconductor, CN Says

By Alan Patterson

Taipei, Oct. 30 (Bloomberg) -- Via Technologies Inc., Taiwan's largest chipset maker, and Intel Corp., the world's No. 1 chipmaker, have cut production at Taiwan Semiconductor Manufacturing Corp. because personal computer demand has been lower than expected, the Commercial Times Web site reported, citing unnamed sources at TSMC.

Via cut its output from TSMC by about 30 percent because computer makers are reducing their chip inventories and because it recently started production of chips in Korea and needs to recover the related startup costs, the paper said.

Intel, also using TSMC as a subcontractor to make chipsets, is cutting production as computer makers reduce their inventories, according to the report.

Chipsets manage the flow of information between a processor and other parts of a computer such as memory and the display. Craig Barrett, Intel's chief executive, confirmed in Taiwan last week that Intel is using TSMC for chipset production.

(To view the Commercial Times Web site, see: {CHNA }
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