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April 9, 2001 10:30 AM PDT

Intel releases 850MHz Celeron chip

Intel released its new 850MHz desktop Celeron chip on Monday. The new Celeron is Intel's fastest chip for low-cost desktops. The chip will be priced at $138 each in lots of 1,000 chips, according to the company, somewhat lower than other high-end Celerons, which began life at about $170.

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