Intel almost halves prices for Core i7-950

Intel recently dropped the price of its quad-core Core i7-950 processors to US$294 from US$562 to defend from AMD's recent price cuts for its quad-core Athlon II X4 640 CPU from US$122 to US$99, according to sources from motherboard makers.

In addition to the price cut, Intel also recently released Core i3-560, Pentium E6800 and Celeron E3500 processors with prices at US$138, US$86 and US$53, respectively, the sources noted. All the prices are in thousand-unit tray quantities.