If you want more details than they provide , check out our news item from earlier this week. If you read closely what he's saying, he keeps insisting that he doesn't expect a price war and that AMD is not looking for a price war. By price war, I believe he means something more dramatic than is going on at the moment, and something that would actually damage Intel or AMD in a major way. The current cuts are nice, but I don't see them actually causing losses at either company.
Chips are a very profitable business.
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