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Intel cuts prices on some chips up to 48 percent

On Sunday, Intel instituted broad price cuts on processors, spanning the Core 2 Quad, Core 2 Duo, Pentium dual-core, Celeron, and Xeon product lines.

Cuts were concentrated on quad-core chips like the Q9650 (3.00GHz), reduced 40 percent, to $316 from $530. But Celeron processors received some of the largest reductions. The mobile Celeron 570 (2.00GHz), was slashed 48 percent, to $70 from $134, for example.

Some Xeon processors also received hefty cuts. The price on the X3370 (3.00GHz), for instance, was cut 40 percent to $316 from $530.

The Pentium dual-core E5200 was reduced 24 percent to $64 from $84.

Intel also introduced new processor models such as the Core 2 Duo E7500 (2.93GHz), priced at $133.

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