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Intel Cuts Prices On Pentium 4
Processors
Intel Corp, one of the world's largest maker of microprocessors, said that
it had cut the prices of some of its Pentium 4 desktop and Xeon server
microprocessors.
Santa Clara, California-based Intel, the top maker of microprocessors that
serve as the brains of computers, said price cuts on the Pentium 4 desktop
systems ranged from 21 percent for the 2.66 gigahertz chip, now priced at
$241, to 8 percent for the 3.06 gigahertz chip, now $589, and 6 percent for
the 2.8 gigahertz, now $375.
Several versions of lower-speed chips were also cut by 16 percent to
$163.
On its Xeon line, Intel dropped prices by 11 percent to 16 percent on chips
ranging from the 2.66 gigahertz, now priced at $284, to the 2.2 gigahertz
version, now $198.
An Intel spokeswoman said the company often cuts prices in anticipation of
new products. Intel plans to release its Pentium 4 successor, code-named
"Prescott," in the second half of the year, she said.
Last month, the company cut prices on many of its laptop processors. In
March, Intel will be launching its new Centrino wireless chip package for
laptops.
Shares in Intel closed at $16.54, down 1.4 percent, or 24 cents.
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