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Celeron Market forces drove the price of a PC to the point where it could be used as a premium gift. And the year 2000 saw the "free PC" tied to 3 years of Internet Service Provider (ISP). Naturally, this put pressure on all vendors to have a more entry-level product. Introduced first in the SEC package is the Celeron. The early Celeron was a market disaster. Because it was released with absolutely zero Level 2 cache. Performance of this CPU series was laughable. Quickly Intel saw its mistake. With this they put cache into the Celeron, making it a viable contender in the low-end market, as well as causing AMD some fits.
Which of course begs the question, what happened to Cyrix and AMD? A tale of two competitors and their wildly different stories is the next topic.
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