Intel Corporation took the axe to the prices of its mobile microprocessors, just weeks before it introduces a new line of faster chips for laptop users. Mobile Pentium II chips were reduced by about 30% across the line, with the 400 MHz Pentium II falling from $530 to $358 per chip. Celeron prices were dropped even further: The 400 MHz mobile Celeron was dropped from $187 to $106, a 43% savings.

Due this month is a 433 MHz Celeron, while 400, 450, and 500 MHz mobile Pentium II processors are due in October