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To: Johnny Canuck who wrote (40199)	9/5/2003 8:15:55 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 69366

Chartered Improves 3Q Outlook; New Guidance Reflects Improvement In Revenue And Bottom Line Thursday September 4, 6:15 pm ET MILPITAS, Calif. -(Dow Jones)- Chartered Semiconductor Manufacturing raised its third-quarter revenue guidance and said the third-quarter loss will be narrower than previously estimated. In a press release Thursday, the semiconductor company said it projects third- quarter revenue will increase 5% to 8% sequentially, compared with its July guidance of 3% to 7% sequential growth. ADVERTISEMENT This would mean third-quarter revenue of $134 million to $138 million. Including Chartered's share of Silicon Manufacturing Partners, third-quarter revenue would be about $183 million. "The increase compared to our July outlook is primarily due to moderately higher demand from customers in our computer segment," the company said. Chartered put its third-quarter loss at 30 cents to 34 cents an American Depositary share, compared with its July estimate of a loss of 31 cents to 35 cents an ADS. Wall Street is looking for a third-quarter loss of 35 cents an ADS. In the year-ago third-quarter, Chartered posted a third-quarter loss of 56 cents an ADS on revenue of $129.5 million. Company Web site: charteredsemi.com -Stephen Lee; Dow Jones Newswires; 201-938-5400 [Harry: This is the third company confirming a re-bound in PC demand (INTC, NSM, CHRT). ]