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: Jacob Snyder who wrote (20232)	6/12/1998 12:48:00 AM
From: Gottfried	Respond to of 70976

Jacob, a rumor from Herb on street.com... Chip-making melee: More bad news for chip-equipment making biggies Applied Materials (AMAT:Nasdaq) and ASM Lithography (ASMLF:Nasdaq), of the Netherlands. Taiwan Semiconductor (TSM:NYSE ADS) is a big customer of both, and sources say it's seeking to push out the delivery of equipment until the end of the year -- and then only after renegotiating prices. Applied execs couldn't be reached, but Taiwan Semi has seen better days. Yesterday Merrill Lynch analyst Derek Tien sliced earnings estimates on the company, citing, in part, an oversupply of capacity. The company is on schedule for construction of a new clean room, but Tien added that "the management is ready to hold back expansion" of two fabs if business doesn't improve by next month. [snip] subscribers thestreet.com GM