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Technology Stocks : Intel Corporation (INTC)
INTC 37.32+1.8%Dec 30 3:59 PM EST

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To: Paul Engel who wrote (82537)6/3/1999 2:29:00 AM
From: VICTORIA GATE, MD  Read Replies (1) of 186894
 
Paul Engel

What the heck is behind it?

Taiwan Semiconductor Chairman Expects Intel Orders, EDN Reports


Taipei, June 3 (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. expects to win orders ''sooner or later'' from Intel Corp., the world's leading chipmaker, the Economic Daily News reported, citing TSMC chairman Morris Chang. Intel Chairman Andrew S. Grove is becoming ''interested'' in asking TSMC to produce chips under Intel's brand name, something he earlier thought was ''impossible,'' Chang told legislators.

TSMC controls about 40 percent of the world's $5.4 billion foundry market. It makes customer-designed chips for clients such as Motorola Inc., which sell the chips under their own brand. (Economic Daily News 6/3/99, p.3)

and
zdnet.com
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