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 : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (20978)	2/2/1999 6:25:00 PM
From: FJB	Respond to of 25960

SAN FRANCISCO -- Citing surprisingly strong global chip sales in the fourth quarter of 1998, a leading industry economist believes semiconductor demand could come in line--and possibly outstrip supply--sooner than expected. "It was the strongest quarter in the history of semiconductors," said Jean-Philippe Dauvin, corporate economist for STMicroelectronics NV. During an interview today at the NationsBanc Montgomery Securities financial conference here, Dauvin said he may soon revise his previous forecast for global chip sales in 1999, which currently is at 7%. "If I do revise it, it won't be to 7.5, but probably much higher," he added. ... ST itself hopes to make use of two new fabs -- which are currently idle -- by year's end, said Francois Guibert, group vice president of business planning and development for the European company. The facilities, in Italy and France, will be equipped to produce chips at line widths of 0.25- and 0.18-micron. "We will equip it quickly as soon as the market rebounds--hopefully by the end of '99," he said. semibiznews.com