Intel Corp is slashing prices on a number of its processors, including cuts of up to 40 percent on some of its higher-powered, faster quad-core chips, as the world's largest chip maker copes with weakening demand. (...) Intel reduced the price of its Core 2 Quad Q9650 chip, which is used in desktop computers, to $316 from a $530 list-price in December. It lowered prices on other Core 2 Quad chips by 16 to 20 percent. (...)
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