Intel's Chip Demand Points to Increasing U.S. Exports

Filed under: Good news, Intel (INTC), Economic Data

Are we seeing increasing U.S. exports? Well, Intel (INTC), the world's preeminent semiconductor manufacturer, is increasing production to meet rising demand internationally, Bloomberg News reported Friday. Intel's factories are now operating at 80% of capacity, up from a record low of about 50% last year.



Further, Morgan Stanley economist Richard Berner argued that U.S. exports may add to U.S. GDP growth for the first time in a post-recession year since World War II. He sees exports adding 0.3 percentage points to U.S. GDP growth this year. Berner's 2010 U.S. GDP growth estimate: 3.4%.

Continue reading Intel's Chip Demand Points to Increasing U.S. Exports

Intel's Chip Demand Points to Increasing U.S. Exports originally appeared on BloggingStocks on Sat, 29 May 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments
















Intel Corporation - World War II - Morgan Stanley - United States - BloggingStocks

Full story at http://www.pheedcontent.com/click.phdo?i=f3f63a45c26b6fee40c8d14c3b571eee