Intel has slashed the prices of its microprocessors by up to 52 per cent to make room for faster chips.
The cuts come less than a week after the chip giant introduced its 2.8GHz Pentium 4.
The price of a 2.4GHz Pentium 4 will fall by 52 per cent to $193 from $400, in quantities of 1,000.
According to Reuters, Intel also reduced prices on its 2.26GHz Pentium 4 by 20 per cent.
In addition the company has slashed its Celeron prices, with the 1.8GHz version now costing $83, down from $103, and the 1.3GHz now costing $64, down from $74.
The cuts have become a tradition with Intel after the release of a new chip. In this case they also follow price cuts by rival AMD.
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