August 27, 2001
AMD responds to Intel with price cuts
Author: JT Smith
Advanced Micro Devices slashed the price of its top of the line 1.4GHz Athlon from $253 to $140 today, and offered discounts of up to 40 percent on its 1.3, 1.2, and 1.1GHz chips. AMD's cuts are viewed as a response to Intel's recent Pentium 4 pricing change, and makes for a productive way to clear out inventory to make room for the introduction of even faster Athlons and a new Duron chip, expected in October. CNET News.com has the story.