Chip manufacturer Intel is poised to introduce its long-awaited Pentium 4 chip. Santa Clara, Calif.-based Intel has said the chip's two versions will run at 1.4 gigahertz and 1.5 gigahertz, which is faster than the 1.2 gigahertz Athlon chip from Advanced Micro Devices. Intel said it expects the Pentium 4 to reach speeds of 2 gigahertz in Quarter 3 2001. The Pentium 4, operating at 1.4 gigahertz, will cost about 625 USD, and the 1.5 gigahertz version will cost about 795 USD, according to PC manufacturers. AMD's 1.2 gigahertz Athlon chip costs 612 USD. Intel expects a number of PC manufacturers, including Compaq and Dell, to sell PCs with the Pentium 4.