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Politics : Formerly About Applied Materials
AMAT 220.28-6.4%3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (54732)10/28/2001 1:49:44 AM
From: StanX Long  Read Replies (3) of 70976
 
Intel, AMD Planning to Cut Computer Chip Prices Next Week

Friday, October 26, 2001

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SAN FRANCISCO — Reflecting a continuing price war between Intel Corp. and Advanced Micro Devices Inc., No. 1 chipmaker Intel plans Sunday to cut prices on its microprocessors, industry sources said.

Intel typically cuts prices on a few or several its microprocessors on a Sunday and publishes the magnitude of those reductions on Monday as it announces new chips. But this time, the sources said, it will announce just the price cuts. Intel's Pentium 4 chips running at 2.2 gigahertz will ship late in the fourth quarter and be announced in January.

AMD will follow suit by trimming prices on its Athlon chips, sources said. Intel has lost market share through the first half of this year, dipping to below 78 percent. But because of the fierce price war undertaken by Intel against AMD, in the third quarter Intel regained 0.8 points of market share to 77.5 percent.

foxnews.com
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