Suiting up for America's high-tech future: led by Intel, the chip industry is making huge bets
Article Abstract:
Intel's new Fab 11 semiconductor plant exemplifies the turnaround in the US semiconductor market, which involve plans to build over 18 new semiconductor plants costing over $1 billion each. Some 40 plants will be built worldwide, and the US leads the world, with Japan coming in second place with its plans to build 10 $1 billion plants. Thirteen of the new plants will be in the US, and four of those are being built by foreign companies. The US semiconductor industry flagged in the 1980s, with die yields, or the percent of working chips produced from each silicon wafer, reaching only 50%. Die yields in 1995, on the other hand, typically reach 80% to 90%. The recognition of the importance of reliable manufacturing has fueled the US return, as workers with two-year technical or electrical engineering degrees take over from untrained workers with high-school degrees. The new plants still constitute a risk, since the semiconductor industry has suffered from boom-and-bust cycles in the past.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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In Intel inquiry, U.S. regulators send a message
Article Abstract:
The FTC's antitrust inquiry of Intel signals the Government's continuing efforts to monitor leading high-technology companies that exert a growing influence on the economy, according to antitrust experts and industry analysts. The Sep 1997 investigation culminates several months of FTC preliminary research on Intel, whose chips control more than 80% of PCs. Intel is strengthening its industry grip while establishing a presence in the multimedia graphics chip sector. Chip rivals and PC manufacturers have complained about Intel's business practices, and antitrust experts say this warrants a government investigation. The FTC is requiring PC makers to comply with its information requests for years that primarily span 1994 to 1997, while some inquiries date to 1992. The subpoena is investigating any restraining or restrictive activities by Intel, plus Intel subsidies to PC makers for displaying its 'Intel Inside' motto.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Intel earnings push stocks up sharply: Nasdaq gains 34.05; Dow in big jump, too
Article Abstract:
Anticipation of Intel's strong 4th qtr 1997 showing raised several stocks sharply, signaling that the Asian economic crisis would not damage US high-technology companies. Intel reported quarterly revenue of $6.51 billion, compared to 4th qtr 1996's total of $6.44 billion, after the markets had closed. The Nasdaq market, home to Intel and numerous other technology company trading, rose 34.05 points to 1,541.63. The 2.26% Nasdaq gain and Asian confidence carried over to other stocks. The Dow Jones industrial average jumped by 1.1%, or 84.95, to 7,732.13. The Standard & Poor's index of 500 stocks surged by 1.37%, or 12.91, to 952.12. Intel shares improved by 1 1/4 to 76 7/8, and the semiconductor giant reported 4th 1997 profits of $1.74 billion, or $1.07 a share. By comparison, the 4th qtr 1996 profit totaled $1.16 billion, or $1.06 a share.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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