Intel slashes Laptop chip prices


Hurt by lagging desktop sales and increased competition in the low-end PC market, Intel is making an aggressive move designed to increase demand for its laptop computer chips. By cutting prices of these low-power CPUs, by over 37 percent, Intel is betting that the resulting, lower laptop prices will entice more computer buyers into choosing a laptop as their second or third computer. The release of Intel's new Xeon chip is triggering the company to also slash the price of other high-end processors as well. The 400 megahertz Pentium II chips are expected to drop from the current price of $720 to $375, by October. Let the "chips" fall where they may - it's a PC buyer's market.

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