Intel likely to slash processor prices to take on AMD.

Jun. 13--TAIPEI: Intel, the world's largest chipmaker, plans to slash prices of some processors next month and in September to regain market share from Advanced Micro Devices.

The company told customers it will cut prices of its high-end Core 2 Quad processor by 50 percent on July 22, according to an Intel document given to clients. The chips, introduced in November to run servers and the most expensive personal computers, sell for $530 each, according to Santa Clara, California-based Intel's website.

The move increases the pressure on Advanced Micro to follo