By Vangie Beal
May 16, 2002
(ZDNET Story) Intel sliced the price of its 1.2GHz Celeron the most, lowering it $10, to bring the price to $69, a 13 percent drop. The chipmaker, which made the cuts effective Sunday, is likely clearing the way for its latest desktop Celerons, a new family of chips based on NetBurst. NetBurst is Intel's newest PC processor architecture. A more recent version of NetBurst is used for the company's Pentium 4 chip. The new Celerons are expected to hit the market Wednesday, though PC makers are likely to wait until the following Monday, May 20, to launch new machines. That's when Intel will debut a new low-price version of its 845 chipset.