Intel And AMD May Be Nearing Major Price War AMD guns for market share at high end, while Intel may use price cuts as way to please customers after run of gaffes.(A)(Internet & Technology)

Byline: James DeTar

Investor's Business Daily

There's a price war brewing in the PC microprocessor market. That's good news for personal computer buyers, but not for chipmakers like Intel Corp. and Advanced Micro Devices Inc.

AMD has already cut prices on its high-end chips. It aims to finally make inroads into long-held Intel territory.

Intel hasn't retaliated yet, but a price war seems inevitable, analysts say. What's more, after several high-profile gaffes, In

tel may need to lower prices to assuage customers.

"When Intel makes a mistake, they can't send flowers to customers," said Charlie Glavin, an analyst at Credit Suisse First Boston Corp. "Instead, they …