Intel Corp (INTC)

[SemiconEng]

Street May Get Good Vibes From Intel

http://www.forbes.com/business/2005/05/05/cx_ah_0505intc.html

NEW YORK - Intel's analyst meeting in New York today should be an upbeat affair. The company has just come off a surprisingly solid first quarter, and for the first time in quite a while Intel beat its primary competition to market, by a few days, with a breakthrough technology.

Intel usually uses the analyst gathering to make news, and tomorrow it may announce at least one major customer for a new chip for portable computers. And rumors are circulating that it will also disclose that its wireless phone chips will be used by a mobile phone manufacturer in a third-generation handset. An Intel spokesman did not comment on the wireless rumor.