Sources close to AMD's plans have confirmed that we can expect big price drops on its microprocessors on the 14th of August.

The cuts were originally slated for the end of this month, as revealed here some weeks back.

Intel is taking aggressive action to push its newer flip chip processors into the market place, and we understand that AMD also wants to put some flotsam and jetsom ahead of Intel's Developer Forum, which will be held in San Jose a week later.

As we reported on the 11th July (see link below), the price of its 1GHz Athlon is likely to hit the sub-$500 mark on that day.

Intel is expected to reduce the price of its 1GHz Pentium III at the end of the month as quantities begin to appear. ®

• The Wall Street Journal is reporting that Silicon Spice, which ex-AMD and Intel employee Vinod Dham joined some little while back, has been sold for just under $2 billion to Broadcom.

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