Before you go dropping $600 on Intel’s Core i7 950 processor, take a step back and see if the latest Web chatter proves reliable. The alternative is to grossly overpay for a part that could soon be worth half as much. At least that’s what Digitimes’ “sources from mother makers are saying,” who claim Intel just recently slashed the price of its 950 chip to $294.
A quick glance on Newegg shows that existing inventory is still going for six Benjamins, but if those chatty sources aren’t misinformed, the new lower pricing could manifest online by the end of the week.
As the story goes, Intel’s move is in reaction to AMD’s recent price cuts for its quad-core Athlon II X4 640 chip, though that one only dropped from $122 to $99. Intel also recently launched a handful of new chips, including the Core i3 650 ($138), Pentium E6800 ($86), and Celeron E3500 ($53).

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