Processors Toolkit

Intel sees autumn boost for processors

Matthew Broersma ZDNet.co.uk

Published: 02 Aug 2001 09:45 BST

Intel's chief executive, Craig Barrett, said on Wednesday that he expects demand for computer chips to rise in the third and fourth quarters of this year, boosted by the "back-to-school" market and Christmas demand. The remarks gave a rise to shares of European chip-related companies including UK chip designer ARM Holdings.

However, industry analysts said that any imminent industry recovery will be seen as premature, and predicted that confidence in the market will be a long time coming.

ARM rose 24p, or 8.16 percent, to 318p in early trading. ASML Holding, which makes chip equipment, rose 4.96 percent in US trading to close at $21.43. German chip maker Infineon rose 3.44 percent to close at $26.43.

See Chips Central for the latest on processors and the semiconductor industry.

See the Hardware News Section for full coverage.

Have your say instantly, and see what others have said. Click on the TalkBack button and go to the Chips Central forum

Let the editors know what you think in the Mailroom. And read other letters.