Intel is slashing processor prices to keep demand alive and possibly to offset the iPad effect, Canaccord Genuity analyst Bobby Burleson said today. The chip producer was reported in checks as having cut prices by half on Atom, Core i3, Core i5 and Core i7 chips and by 15 percent for some chipsets. The move was predicted to fuel short-term demand, though it would come mostly from computer builders stocking up.