24.01.2020 15:23:31

Report: Intel Planning For Phased Price Cuts To Take On AMD Challenge

Intel Corporation (NASDAQ: INTC), which reported strong fourth-quarter results, is feeling the competitive pressure as rival Advanced Micro Devices, Inc. (NASDAQ: AMD) is pushing ahead with its strong product momentum.Intel is contemplating implementation of price cuts in a phased manner, according to a report earlier this week by Digitimes, citing sources at PC makers.As an initial step, Intel is reportedly planning to slash prices of chips sold to OEMs some time in the second half of 2020. The benefit of the price cuts is likely to be passed down the value chain to ...Full story available on Benzinga.com
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