Intel Corp (INTC)

[wbmw]

Intel cuts flash prices by up to 40%

Sorry if this was posted before, but this is the first I've heard of it. It sounds like a good move, and one that has been long overdue.

http://tinyurl.com/2km4z

"Our checks indicate that Intel has lowered the price of its NOR flash products by up to 40 percent in order to regain market share and we believe this could occur within the next two quarters due to the lack of flash availability," said Danely, who noted that flash accounts for about 50 percent of AMD's revenues.