Intel Cuts Prices on Its Chips Up to 52 Percent

September 3, 2002

The price cuts, made on Sunday, come less than a week after Intel introduced its fastest Pentium 4 to date, running at 2.8 gigahertz, or 2.8 billion clicks per second. Intel, for example, cut the price of its Pentium 4 chip running at 2.4 gigahertz by 52 percent to $193 from $400 each, in lots of 1,000.

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