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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (12689)3/17/1998 2:51:00 AM
From: nigel bates  Read Replies (1) of 17305
 
INTC again - Competition hotting up ? -
IDT signs deal with IBM

<<Integrated Device Technology Inc. of Santa Clara has signed up IBM as its manufacturing partner,
following in the footsteps of competitors Advanced Micro Devices Inc. and National Semiconductor Corp.'s Cyrix subsidiary. The three-year agreement, which is expected to be announced Tuesday, gives
IDT access to IBM's advanced 0.25 micron manufacturing process, putting it on a par with the chip-manufacturing technology used by Intel Corp. IBM is expected to start producing significant
volumes of IDT's WinChip C6+ microprocessors -- designed to be compatible with, and compete with, Intel's Pentium processors -- by the fourth quarter of this year. >> - SJMN

Nig
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