Following the release of their new 1333MHz parts last week, Intel have stuck to their word of slashing prices some more on select Core 2 processors.

The biggest slash was to their Core 2 Quad Q6600 processor, a massive 50% off which pushes it down to just $266. For a quad core chip this is sensational value. The next model up (Q6700) sits at $530. Can't see too many of them selling for the sake of an extra 260MHz core speed.

Also influenced by the cuts is the Core 2 Duo E4000 range, with the E4400 dropping $20 to $113 and the new E4500 chip (200MHz faster than the E4400) debuting at $133.

Dailytech have full details of the price cuts here.

Intel last week released a new lineup of 1333 MHz front-side bus processors at low price points, but held off price cuts for existing processors until July 22. The day has arrived and Intel price cuts for existing Core 2 Duo and Core 2 Quad processors are going into effect at various retailers.