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News > Technology
Intel cuts Pentium II prices
December 29, 1997: 7:36 p.m. ET

Full-featured systems with new processor line priced under $1,800
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NEW YORK (CNNfn) - Intel Corp. dropped the price of the 233-megahertz version of its Pentium II microprocessor line Monday at the behest of computer makers that want to lower system prices.
     Intel cut the price of the chip from $401 to $268. Intel spokesman Chuck Molloy said no other processor prices were reduced and that the company still intends to implement price cuts scheduled earlier for late January.
     "It's a request from [computer makers] to enable them to put unprecedented performance into entry-level models," Molloy said.
     Computers using the chip are now available for under $1,800. Compaq's Presario 4528, which features the 233-megahertz chip along with CD-ROM and other standard features, now retails for $1,798 with monitor.Back to top
     --from staff writer Cyrus Afzali

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.