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.

For its next-generation products, Intel is set to launch Sandy Bridge processors in the first quarter of 2011, using the new LGA 1155 socket. The new processors will be required to pair with Intel's P67 chipset-based motherboards, which are scheduled to launch in October 2010.

By: DocMemory
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