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Politics : Formerly About Advanced Micro Devices

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To: Elmer who wrote (26068)11/19/1997 1:12:00 PM
From: Maverick  Read Replies (2) of 1584253
 
INTEL CORP will continue its relatively aggressive price cutting
program for microprocessors next year in a bid to bring further
pressure on its rivals, according to analysts and chip market
sources. Intel officials would not comment on future pricing
plans, but analysts said the moves will provide further evidence
the company will not be complacent about competition from ADVANCED
MICRO DEVICES INC and CYRIX CORP. Analysts said Intel's relatively
aggressive price cuts -- it slashed prices on some chips in half
in August and cut the price on certain chips by as much as 40% on
Nov. 1 -- was also designed to move customers to its Pentium II
chips as it speeds the rate of production for the new products.
(Reuters 02:00 PM ET 11/17/97) For the full text story, see
infobeat.com
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