Intel cuts chip costs: Make way for Centrino

Intel has cut their prices on mobile processors this week. Some chips have dropped in price by as much as 34 percent. If you have been looking around for a new laptop, this seems to be a good time buy.

The main reason behind the cuts is to make room for the new Centrino brand of chips, the high-end Intel Pentium M processors were among the ones that received the highest price chop.

Despite the cuts, Intel has reported record-high sales of mobile computer microprocessors in 3Q of 2004. Lots of competition still out there, especially from AMD.