Intel Matches

AMD became the first to ship a 1GHz PC processor with the introduction of its top of the line Athlon earlier this week, but it didn't take much time at all for rival Intel to match that number. Intel will beat AMD's asking price of $1,299 for a 1 GHz Athlon by pricing the new 1 GHz Pentium III at $990. The first systems based on the new Intel chip will come from Dell, HP, and IBM.