For that low price, you will get a processor inside made by AMD, but Dell is also selling a version with Intel's fourth-generation Core (Haswell) processors with prices starting at $379.
PCWorld reports that the laptop is the Dell Inspiron 11, an 11-inch, 3.15 pound notebook with a starting price of $349. Today, the company showed select members of the press some of their upcoming notebooks, including a very cheap Windows 8.1 touchscreen laptop with long battery life. Now that Dell is close to becoming a privately owned company once again, the PC maker is getting ready for the busy fall/holiday shopping season with a relaunch of its Inspiron lineup of consumer laptops.
