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Intersil makes Nasdaq-100 Index

An Intersil product story
Edited by the Electronicstalk editorial team Dec 17, 2003

Intersil Corp will be added to the Nasdaq-100 Index during the 2003 rebalancing that will take effect on 22nd December 2003.

Intersil Corp will be added to the Nasdaq-100 Index during the 2003 rebalancing that will take effect on 22nd December 2003.

"We're very pleased to see Intersil Corp join the ranks of the top 100 Nasdaq-listed companies, which include leading technology companies such as Cisco, Dell, Intel, and Microsoft", said Rich Beyer, President and CEO of Intersil.

"This is a testament to the great team of dedicated men and women working at Intersil offices around the globe.

This will certainly bring added awareness of Intersil's outstanding performance and strategy for growth to a larger number of investing institutions and individuals and will help us in achieving our goal of becoming a top-tier high performance analogue semiconductor company".

Once a year, Nasdaq adjusts the index's makeup so it consists of the 100 largest non-financial companies listed.

The Nasdaq-100 Index rebalance is based on market capitalisation, and is the basis for the Nasdaq-100 Tracking Stock - the most actively traded listed US equity security.

"The Nasdaq-100 Index is the basis for some 400 financial products worldwide, and continues to be one of the world's most widely followed indicators of financial market activity", said John L Jacobs, Chief Executive Officer of Nasdaq Financial Products Services.

"The index includes companies which are recognized leaders across a wide variety of business sectors".

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