Intel has quietly started selling a new version of its mobile Pentium M chip so that select manufacturers can cut the price of their notebooks.

"The Pentium M 705 runs at 1.5GHz and contains 1MB of cache. The chip is based on the Banias generation of Pentium Ms, which first hit the market in 2003. Both Dell and HP sell it in current notebooks. Intel produces the chip to accommodate computer manufacturers on special request, an Intel representative said."