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.

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

To: Harry Landsiedel who wrote (156544)	1/22/2002 8:53:54 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Harry - Re: "Why capital spending consensus is wrong" Thanks for that article. I sure hope the author is correct. One interesting topic - capacity utilization - was said to be about 73% at the end of 2001. For Intel, their CPU manufacturing would have to be at 100% or CURRENT capacity - as they are rumoured to be producing Pentium 4's at a rate lower than demand. For Intel, that means bringing on NEW capacity - as they convert to 0.13 micron and finish off the ramp of their new fabs. Hence, they are shelling out $5.5 Billion this year in CapEX - sum that exceeds the maximum revenue that AMD ever had in its history by over $650,000,000 Paul