March 26 (Reuters) - Goldman Sachs cut its 2007 and 2008 earnings-per-share estimates on Intel Corp. (INTC.O: Quote, Profile , Research), citing weak processor pricing. The brokerage, which has a neutral rating on the stock, cut its 2007 earnings-per-share estimate for Intel to $1.00 from $1.10, and that for 2008 to $1.20 from $1.35. The recent deterioration in DRAM pricing is likely to have very negative consequences for the semiconductor production equipment makers in the second half, Goldman said in its research note dated March 25. Goldman, however, expects Intel to continue to gain market share due to a superior product line-up and a significantly stronger balance sheet/P&L relative to Advanced Micro Devices Inc. (AMD.N: Quote, Profile , Research). Consequently, Goldman expects Intel to emerge from the current price war with a better market position. (Reporting by Madhubanti Routh in Bangalore)