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The model captures remarkably well the segregation effects for an arbitrary time-dependent acceleration of small amplitude, while it implies an enormous reduction of computer demands.
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Dell started to go private in the face of eroding personal computer demand.
Advanced Micro Devices climbed after the chip maker's chief executive said personal computer demand was stabilizing.
Global semiconductor sales rose 10.4percentt in the second quarter from a year ago as computer demand rose 8percentthethe Semiconductor Industry Association said yesterday.
Tim Mahon, an analyst at First Boston, cited weak personal computer demand for the severity of Intel's price cutting.
Shares of Intel rose 7.3percentt, while its rival Advanced Micro Devices gained 8.7percentt on the positive signs for computer demand.
Advanced Micro Devices, the microprocessor maker, reported first-quarter sales on Thursday that beat analysts' predictions, adding to evidence that personal computer demand was increasing.
It was weighed down by weakness in computer and software companies after Dell blamed a slower economy and sluggish computer demand for its poor earnings outlook.
Rick Sherlund of Goldman , Sachs citing a slump in personal computer demand, said he expected Microsoft to guide views for the 2003 fiscal year below Wall Street estimates.
Michael S. Dell, chairman of Dell Computer, said a combination of new products and economic factors was likely to help revive computer demand in coming months.
Advanced Micro rose $1.09, to $32.95, after its chief executive, W. J. Sanders III, told a Merrill Lynch computer hardware conference in New York that he sees the decline in personal computer demand ending.
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