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Technology Stocks : Intel Corporation (INTC)

INTC 37.83

-4.2%

3:59 PM EST

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To: Cirruslvr who wrote (115482)	11/1/2000 1:52:14 AM
From: Rob S.	Read Replies (1) of 186894

Chips On The Wane The booming semiconductor market will gradually cool down over the next two years before sliding into recession in 2003, according to Dataquest. The San Jose, Calif., market researcher projects that after growing 37 percent this year, to reach $232 billion in revenue, the semiconductor market will see slower expansion of 21 percent in 2001 and 10 percent in 2002, turning to negative growth in 2003, largely due to manufacturing capacity expansions initiated during the boom years. In announcing its forecast Tuesday at its Semiconductors 2000 conference in San Diego, Dataquest said the fastest-growing component areas include programmable logic, which will see 70 percent market growth this year. Fiber-optic components are also growing rapidly. While standard fiber-optic module revenue will increase 27 percent this year, 10-Gbit/s modules are expected to turn in 98 percent growth. -- Crista Souza, Electronic Buyers' News Read the rest: internetweek.com

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