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 : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (14968)	5/14/2005 4:23:25 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 25522

Gottfried, I was able to access the article OK. This is an issue that involves "big bucks". <<the world's third-largest contract maker of chips -- has been trying to place an order for more than $1 billion worth of advanced equipment from Applied Materials Inc. and other U.S. suppliers to outfit three new state-of-the-art silicon wafer plants.>> Also, a lot of follow-on business could result. <<Besides SMIC's $770 million order, $5 billion in follow-on equipment orders could be at stake, estimates Applied Materials.>> It's not like SMIC can't buy the equipment somewhere else either. << SMIC says it has about a month to decide where to buy the equipment to keep its plans on track. The irony is that if SMIC does find another source of credit, Micron could lose out even more. Because then SMIC will be free to crank out as many memory chips as it wishes.>>