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SemiconEng

02/23/04 8:53 PM

#9386 RE: Elmer Phud #9384

In January, Intel, the world's largest chip maker, reported record quarterly revenue of $8.74 billion for the October-December period, up 22 percent from a year earlier. For the current quarter, Intel forecasts revenue in the range of $7.9 billion to $8.5 billion, versus sales of $7.16 billion a year ago. That would mark growth of between 10 and 19 percent.


That would be Good news.... I read some article recently on the web, I can't remember where, in which the writer was trying to make the point that the cyclic nature of the semi business was at "It's peak" again after 2 years of growth, and the doomsday scenerio was, that it was downhill from here.

Semi
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Jerry R

02/23/04 10:07 PM

#9392 RE: Elmer Phud #9384

Elmer Phud - a 15 percent rise in revenues in 2004 from a year ago, Chief Executive Craig Barrett was quoted as saying

I don't think it's a stretch to assume that with these public comments, we will not be hearing a negative surprise in next week's mid-quarter update.