Intel on the ropes

— 12:12 AM on February 2, 2000

First we saw Intel announce the PIII 733, 750, and 800 CPUs to keep up with AMD. Then we witnessed price cut after price cut from Intel in an effort to keep its momentum. Evidently, it wasn't enough. Intel can't deliver its PIIIs; supplies will be "especially limited" in February according to a letter from Intel to its channel partners. Intel's recent price cuts will then be eliminated as supply and demand take over. In addition, The Register is reporting Intel has added a 933MHz PIII in its roadmap for May and is rushing the introduction of the Pentium IV (aka Willamette). Finally, we have evidence from Intel executives themselves, as the likes of Andy Grove sell away about 800,000 shares of Intel stock worth almost $80 million.

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