6:36PM Intel capex color (INTC) 18.36 -0.76: -- Update -- Conference call ends; only other information of note was color on capex cuts: Intel emphasizes that the cuts will not come from fabs, but instead primarily from scaling back office building and lab equipment - refers to cut as a "trim". Company won't provide 2003 capex guidance, but does mention hopes to improve capital efficiency, which could be interpreted as evidence that capex will be flat or down, though the company was careful not to even hint at specific dollar guidance. Stock still up slightly at 18.64 after hours. Semi equipment stocks mixed, with AMAT and NVLS little changed, KLAC +0.50 with help from an after hours UBS upgrade, and KLIC -1.00 on lower Sep qtr guidance [Briefing.com]