June 4, 1990

LEAD: Because of an editing error, a front-page Reporter's Notebook article yesterday about the Camp David talks between President Bush and President Mikhail S. Gorbachev mistated the year in which President Carter used Camp David as the site of Egyptian-Israeli peace talks. It was 1978, not 1979.

LEAD: Robert N. Noyce, an inventor of a computer chip that revolutionized the electronics industry and gave rise to the high-technology era, died yesterday at Seton Medical Center in Austin, Tex., after suffering a heart attack at his home. He was 62 years old.

LEAD: As if the senses are not overwhelmed by the ordinary treasures of Italy -the silky wines, antiquity all about - now comes one of the premier athletic events on the planet. Brace yourself. The World Cup of soccer is a quantum leap from Super Bowls, Final Fours and other American curios, like the oddly named annual denouement of baseball, the World Series.

LEAD: While the pundits have been sitting around wondering what effect the Time-Warner merger would have on the integrity of Time magazine, a funny thing has quietly been happening at the magazine itself.

LEAD: Despite mounting evidence that the economy is expanding at an even more sluggish pace than the tepid 1.3 percent rate in the first quarter, many credit market analysts do not expect the Federal Reserve Board to begin efforts to stimulate growth until later in the summer.