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Intel: Cheap Memory Won't Erase Profits

New markets will protect company from NAND flash price drops

By Rob Quinn,  Newser Staff

Posted Mar 5, 2008 11:17 PM CST

(Newser) – Steep drops in the price of NAND flash memory have hit Intel's profits, but CEO Paul Otellini vows it's not going to put the company in the red, the AP reports. Prices of the chips have fallen more than 50% recently, much more than the...   Read full story »

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