Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (54239)	10/17/2001 6:48:51 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

TI 2002 capex: In the CC, they said: "As a first approximation, 2002 capex will probably be at about the same rate as in the second half of 2001. We'll spend 600M on capex in 2H01." That would put 2002 capex at 1.2B for 2002. I have a note (may be old) that 2001 capex for TI will be 1.8B They also said that number for 2002 might be lower, if foundry prices are so low that it makes sense to outsource. They said they would be "opportunistic" about outsourcing. So, even though TI doesn't do much business with foundries, clearly the capacity utilization of foundries is going to affect TI's capex. They seemed pretty confident that semi orders were bottoming now, and semi revenues would bottom next quarter. Strong sectors: DSP, especially for wireless Weak sectors: analog, wireline, automotive