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To: Jerry Olson who wrote (1529)9/3/2002 8:16:22 PM
From: Frederick Langford  Read Replies (1) | Respond to of 1854
 
Intel Cuts Prices on Its Chips Up to 52 Percent
Tue Sep 3, 7:45 PM ET

SAN FRANCISCO (Reuters) - Intel Corp. cut prices on its microprocessors by as much as 52 percent over the U.S. holiday weekend as the world's largest chipmaker makes room for faster chips and passes on manufacturing efficiencies to customers.

The price cuts, made on Sunday, come less than a week after Intel introduced its fastest Pentium 4 to date, running at 2.8 gigahertz, or 2.8 billion clicks per second. Intel, for example, cut the price of its Pentium 4 chip running at 2.4 gigahertz by 52 percent to $193 from $400 each, in lots of 1,000.

The price cuts, which were largely expected and typically come within a week or so of a new chip introduction, follow price cuts by its chief rival in the market for microprocessors, Advanced Micro Devices Inc. , on August 21. Intel unveiled its 2.8 gigahertz Pentium 4 on August 26.

Intel also pared prices on its Pentium 4 chip operating at 2.4 gigahertz and 2.26 gigahertz by 20 percent. The 2.4 gigahertz and 2.26 gigahertz chips now cost $193, down from $241.

story.news.yahoo.com.