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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: DJBEINO who wrote (7071)	3/8/2000 3:49:00 PM
From: Lutz Moeller	Read Replies (3) \| Respond to of 9582

Someone must be anxious to get business... More than ever, the percentage spending boosts for new gear vary throughout the industry. In fact, a real shocker in the latest capital expenditure plans indicates that Intel Corp. could be dethroned as king of capital spending in the chip industry if Taiwan Semiconductor Manufacturing Co. (TSMC) does what it says it plans to do. The foundry giant expects to greatly increase its capital spending from $1.7 billion last year to $4.7 billion in 2000. Intel, on the other hand, has earmarked $5 billion for capital expenditures this year, but that includes at least $200 million of non-semiconductor investment, it is estimated. What's significant here is that TSMC is now at a run rate that would make it a $4 billion-to-$4.7 billion company this year, while Intel is expected to push past $30 billion in sales. That means TSMC's capital spending will be 100% of its sales, McClean notes. That's is extremely aggressive, even for a fast-growing chip maker. semibiznews.com