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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: denni who wrote (42976)	5/25/2000 5:29:00 PM
From: StormRider	Read Replies (2) \| Respond to of 93625

Intel May Invest in Hyundai to Boost Rambus Output, Paper Says By Ian King or ianking@bloomberg.net Seoul, May 25 (Bloomberg) -- Intel Corp., the world's largest semiconductor maker, may invest $200 million in Hyundai Electronics Industries Co. to boost the Korean company's output of faster computer chips, the Digital Times reported. Intel will invest the funds to enable Hyundai to increase its production of dynamic random access memory chips that use technology licensed from Rambus Inc., the report said. Hyundai refused to comment on the report. Intel officials could not immediately be reached. Investing in Hyundai, the world's largest producers of DRAMs by capacity, would fit with Intel's strategy of encouraging memory makers to shift production to the chips that work faster than conventional memory chips. Intel has already invested in Samsung Electronics Co., the largest producer of memory chips, and Micron Technology Inc. the largest maker in the U.S. Rambus develops and licenses technology that speeds up communication between computer memory and logic chips in computers. Intel has introduced chipsets, a collection of chips designed to work as a unit, which allow personal computers to use them. Still, Rambus chips are not as popular because they are more expensive than other chips. Hyundai Electronics shares rose 5.3 percent to 16,850 won. So far this year, its shares have fallen 30 percent compared with a 32 percent decline in the benchmark Kospi index.