Intel pledges 60 per cent price cuts
Don't buy that PC just yet...
9th June 2006 10:36 GMT
Intel says new technology will let it get chips to market faster, allowing it to cut prices by as much as 60 per cent.
An Intel spokesman told Reuters: "We have a more aggressive product and manufacturing ramp, so those older Pentium products will move down faster. It's not like we're cutting prices for the sake of cutting prices."
The company will move more quickly to 65nm production of its Core chips than it has done in the past. This means it should have mid-priced chips ready to replace Pentium chips faster than usual when it moves technologies.
The Core chips are due next month, with a laptop version arriving in August.
Sources at Taiwanese board manufacturers told Bloomberg the price cuts will start 23 July.
Despite this, Intel shares fell to a three year low on Nasdaq, losing more than a third of their value in the last year. Shares in rival AMD have almost doubled.
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Intel Core i7 I7-920 Quad Core Processor (2.66GHz, 4x256kB, 4.8GT/s QPI, LGA 1336 Socket B)
AMD Phenom II X4 965 Black Edition Quad Core Processor (3.4GHz, 6MB L3 Cache, 4x512KB L2 Cache, 2000 MHz Bus, Socket AM3)
Asus P7P55D Motherboard (Intel Socket H LGA1156, P55 Express, ATX, 16GB DDR3)
Intel Core i5 750 Qaud Core Processor (2.66GHz, 8MB L3 Cache, 2.5 GT/s Bus, Socket H LGA1156)
Asus M4A785TD-V EVO AMD 785G/SB710 Socket AM3 ATX Motherboard
