Tuesday, June 12, 2007

Intel Informs Customers It Will Slash Chip Prices by 50 Percent Next Month

(Bloomberg) -- Intel Corp., the world's largest
chipmaker, plans to slash the price of some processors over the
next three months to regain market share from Advanced Micro
Devices Inc.

The company will cut prices of its Core 2 Quad processor by
50 percent on July 22, according to an Intel document given to
clients. The chips, introduced in November to run servers and the
most expensive personal computers, sell for $530 each, according
to Santa Clara, California-based Intel's Web site.


Read more at Bloomberg Exclusive News

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