In move that will likely hit AMD's bottom line, Intel has cut the prices of fourteen processors. The most dramatic cut - the Q6700, the price of which has been slashed by 50%.
The 2.66GHz quad-core Q6700 now sells for $266, down from $530. This price point was previously occupied by the entry-level 2.4GHz Q6600. The Q6700 now represents the best bang-for-the-buck quad-core processor available.
Other notable price tweaks:
No changes at the "Extreme" end of the hardware scale.
Complete list of changes available here (PDF).