E-Commerce Times: Intel insisted the price-reduction move did not reflect concern that inventories were stacking up too high. Analysts noted that forecasts are for PC sales growth and therefore demand for chips should remain robust at least through the end of this year. In fact, a report released Tuesday by Gartner predicted 27 percent revenue growth this year for chip makers, with the industry growing to $226 billion.
Intel (Nasdaq: INTC) cut the prices of many of its most popular semiconductors , a move that might be designed to help clear the way for the company's next generation of chips.
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