Intel announced price cuts, as much as 40%, on both its desktop and server processors. Rival chipmaker AMD announced a 611 million dollar loss for the first quarter already. Someone please take AMD's belt and shoelaces away for the rest of the week.
For the desktop market, the Core 2 Quad Q6600 has fallen in price to US$530 while CPUs in the Core 2 Duo E6X00-series have been cut by up to 40%. Intel also introduced two new processors, the E6420 and E6320, which share equivalent features to the similarly numbered E6400 and E6300 CPUs but have an increased L2 cache of 4MB.