Intel has announced a slew of price cuts on more than half a dozen of its processors, bumping up the pressure on AMD following their announcement of yet another big quarterly loss and a change in management. The 3.16GHz Core 2 Duo E8500 got the largest cut, from $266 to $183 - a 31 percent reduction - followed by the 2.53GHz Core 2 Duo E7200, reduced 15 percent, from $133 to $113.

The 3GHz Core 2 Duo E8400 fell 11 percent, from $183 to $163. Meanwhile, the only quad-core part to receive the chop was the 2.4GHz Q6600, which already saw its price drop 16 percent back in April and can now be bought for just under $200, at $193. Xeon server processors also saw some price cuts, with the X3220 and X3210 chips both dropping 12 percent to $198, while the price of the E3110 went down 11 percent to $167.