Intel to cut Celeron D processor prices 5.4-13.5%, AMD to follow suit

On the heels of introducing support for extended memory 64 technology (Intel EM64T), or 64-bit memory addressability, to its Celeron line with the its Celeron D 351, Intel plans to cut the prices of its desktop-use Celeron D processors 5.4-13.5% on July 24, according to PC makers.

In addition, Intel has scheduled price cuts for its Pentium 4 lineup in August.

Intel?s price-cutting strategy will be a threat for Advanced Micro Devices (AMD), as the price gap between Intel Celeron and AMD Sempron lineups narrows, according to the PC makers.

However, according to other sources in the industry, AMD will lower the prices on its Athlon 64 processors by the end of July.