The 550MHz version of Intel's Pentium III processor was launched yesterday amid some mystery.
Intel had said it was pricing the chips at £462 each, in 1,000-unit batches, but as PC Week went to press it was rumoured that there would be sweeping price cuts across the Pentium range.
Prices could fall by up to 35%, according to some reports.
The 450MHz flavour of both the Pentium II and Pentium III is to be priced at £166, the Intel said.
Intel also refused to confirm whether it would launch an 366MHz mobile Celeron this week.
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