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Tuesday, June 13, 2006

Computer Business Intel Cuts Prices 60%

According to inside computer business sources, Intel intends to lower the prices of its processors by as much as 60% in the coming months, allowing them to be much more affordable for consumers. The news came from the recent Computex show, and has caused shock among those consumers that have dealt with Intel in the past.

The report states that Pentium processors will experience 60% to 61% price cuts, whereas the prices of higher end dual core server chips will be cut by about 15%. This announcement comes on the heels of Dell’s announcement that it would start selling AMD processors as part of its consumer desktop and notebook computer lines, a welcome event for long-time Dell customers. AMD’s recent market share jump of 20% last quarter may have sparked Intel to do its best to keep up competition and avoid losing further ground.

Added By: Joshua Feinberg