Intel eyes early release for cut price P4

Intel is to release its 1.7GHz Pentium 4 chip up to 45 per cent cheaper than expected.

By Joey Gardiner, 10 April 2001 17:52

NEWS This is according to reports on newswires, including Taiwanese website CTech. The chip is also now expected to ship earlier than previously thought - the Register suggests 23 April. CTech reports the price cut will see the chip fall from $637 to $352 because of low demand. Intel has suffered from falling demand for its chips due in turn to a reduced demand for the PCs that they power. Intel's share price is currently under a third of its all-time high of almost $75 achieved last autumn. Intel chairman Andy Grove is also one of Europe's top IT agenda setters, according to silicon.com's latest Agenda Setter 2001 survey. For more information, see http://www.silicon.com/agendasetters2001

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