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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Pareti who wrote (124047)	1/3/2001 7:43:56 AM
From: Road Walker	Respond to of 186894

Intel Unveils Faster Celeron Chip for Cheaper PCs SANTA CLARA, Calif. (Reuters) - Intel Corp. (NasdaqNM:INTC - news) will unveil on Wednesday its fastest microprocessor yet for low-cost personal computers and has also started selling a lower-cost version of its new Pentium 4 chip. Costing $170 in lots of 1,000, the 800 Megahertz Celeron chip is aimed at PCs typically priced below $1,000, Intel said. The Santa Clara, Calif.-based company also has developed a new chipset -- which surrounds the microprocessor -- that has a faster bus, the pipe through which data passes between the microprocessor and other parts of the chipset. The faster bus runs at 100 MHz, compared with 66 MHz currently, Intel said. To help spur demand for the Pentium 4, Intel has started selling a Pentium 4 chip that runs at 1.3 Gigahertz and is designed for systems typically costing $1,500 and higher, compared to the $2,000 range for PCs that use the 1.4 GHz and 1.5 GHz Pentium 4 processors. The 1.3 GHz Pentium 4 will cost $409 in lots of 1,000. Systems using the lower-cost Pentium 4 will be shown at the Consumer Electronics Show being held this week in Las Vegas. Intel, along with rival Advanced Micro Devices Inc. and PC makers such as Gateway Inc., Dell Computer Corp., Hewlett-Packard Co. and others said last month that slack sales in the fourth quarter would hurt results.