Intel is on the verge of a major price drop, which will effectively replace the Core i7 930 with the 950 model. The i7 950 is a 3.06GHz quad-core processor, which is a full 206MHz faster than the 930. The 950 currently retails for $599 USD, but will be reduced to $294 on August 30. This cuts the processor’s price in half, increasing the price to performance ratio of Intel’s lowest priced i7 processor. However, the price is per 1000 units, so the actual price may vary between retailers.
The i7 950 was the most notable price drop, but it is not the only chip seeing a reduction in cost. Intel also has plans to reduce the prices of the Core i5 760 and Core i3 560 processors. Additionally, some of Intel’s lower end processors such as the E5700 and E6800 will also see a reduction in prices as the cuts continue through the upcoming months.
The drops in the price of i3, i5 and i7 lines should continue as we are getting ever close to being introduced to the upcoming Sandy Bridge processors.