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July 29, 1997updated 05 Sep 2016 12:28pm

INTEL DELIVERS PROMISED PRICE CUTS

By CBR Staff Writer

Intel Corp chopped the prices of its Pentium chips by up to 57%, confirming reports circulating earlier in the month (CI No 3,205). The microprocessor giant says it will be making still further cuts in November. Intel has now rid itself of a supply of older generation Pentium chips following a slackening in demand after the introduction of the Pentium II and MMX technology. The Pentium II 300Mhz chip will drop %57%to $851 from $1,981, while the Pentium Pro MMX 200 MHz chip will fall 49% to $262 from $492%. On the whole Pentium Pro prices will remain the same, except from the 200MHz model processor that will fall 5% to $487.

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