Given AMD have had a terrible first quarter this year with a MASSIVE financial loss of around half a billion, Intel are really twisting the knife in the wound having just slashed prices substantially on their Core 2-family as well as silently introducing two more Core 2 Duo processors in the E6320 and E6420, both with 4MB of L2 cache.

Full details incl. new pricing can be found at both the DailyTech and NordicHardware folks.

Dailytech:-
Intel is set to cut prices for its Core 2 dual and quad-core products next week; however, online retailers have already reduced prices. Under the new pricing structure, Intel offers its Core 2 processors starting at $113 per unit, in 1,000 unit quantities. The quad-core Core 2 Quad Q6600 also drops to a more affordable $530 per unit, in 1,000 unit quantities, price bracket as well.

In addition to the new Q2'2007 price cuts, Intel has also silently launched its lower clocked Core 2 Duo processors with 4MB of L2 cache. The new Core 2 Duo E6320 and E6420 are similar to the E6300 and E6400; however, the E6x20 models feature more L2. Intel prices the new E6x20 models the same as the E6x00 models.