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06/05/03 4:18 PM

#115679 RE: jrintl #115678

16:16 ET Intel Q2 business within expectations; narrows range of rev guidance to $6.6-$6.8 bln (INTC) 21.85 +0.47: -- Update -- Previous range had been $6.4-$7.0 bln.

16:13 ET TriQuint Semi lowers full-year guidance (TQNT) 5.41 +0.44: Co reaffirms its Q2 rev guidance of flat to up slightly from Q1's $71.7 mln, and sees Q2 EPS of $0.11-$0.14 (which includes a restructuring charge of $3 mln). In addition, the co lowers 2003 guidance to $0.26-$0.36 in EPS on $290-$310 mln in revs, citing weaker than anticipated demand in Asia for both handsets and infrastructure and continued softness in telecom infrastructure markets.