Intel blamed delays in shipping high-end Coppermine chips for disappointing financial performance.
The lack of Pentium III chips contributed to depressed profit margins, down slightly to 58.7 percent, and reduced the company's average selling prices for chips.
Executives said they have plans to remedy the situation by releasing Coppermine processors running at 700MHz and faster later this month. Originally expected in September, the chips were delayed by design issues.
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