InvestorsHub Logo
icon url

fowler

09/26/02 8:15 AM

#926 RE: SemiconEng #918

???? - From Breifing.com

08:05 ET Intel talking to Japanese chipmakers about DRAM production: Bloomberg (INTC) 15.20: Bloomberg reporting that the Economic Daily News out of Taiwan says today Intel has been in talks with Japanese chipmakers Mitsubishi and Elpida about making memory chips - the story doesn't cite any source for this speculation and an Intel spokesman would not comment. Separately, Korean chipmaker Hynix sold its flat panel division for $380 mln, which could provide liquidity to stay in the memory business longer. Both news items are being seen as negative for Micron (MU).