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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: semiconeng who wrote (133407)4/26/2001 11:47:02 AM
From: Elmer  Read Replies (1) | Respond to of 186894
 
Intel says 2 ghz Pentium 4 on track for third quarter
NEW YORK, April 26 (Reuters) - Intel Corp. (NasdaqNM:INTC - news), the world's largest chipmaker, said on Thursday its 2 gigahertz Pentium 4 chip was on track to be available in the third quarter of 2001.

The 2 gigahertz Pentium 4 will likely allow Intel to retain its crown of having on the market the fastest microprocessor -- the primary computing engine of a personal computer -- as it continues to do battle with its rival Advanced Micro Devices Inc. (NYSE:AMD - news)

In slides prepared for a meeting with analysts here, Intel said its Pentium 4 chip made using 0.13 manufacturing technology is still on track for availability in the fourth quarter of this year.

The company said that ``Europe was maintaining relative stability'' and that the outlook for PC and computer server sales in that region is steady, adding that there are pockets of strength in Eastern Europe and the Middle East.

Intel shares rose 39 cents to $29.42 on the Nasdaq on Thursday.