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: StanX Long who wrote (62076)	3/14/2002 2:18:10 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Intel sees FY capex falling to 5.5 bln usd from 7.3 host.wallstreetcity.com SAN FRANCISCO, Mar 13, 2002 (AFX-UK via COMTEX) -- Intel Corp said it still expects capital spending in 2002 to fall to approximately 5.5 bln usd from 7.3 bln in 2001. The decrease is a result of improved capital efficiency expected with its move to larger wafer manufacturing, the company said in its annual report filed with the Securities and Exchange Commission. In the filing, Intel warned that if market demand does pick up and "move rapidly to higher-performance products", the rate of capital spending could be reduced. leb/gc NNN Copyright 2002. AFX News Ltd. All rights reserved.