AMD is hitting Intel where it hurts with a huge price drop on their flagship Ryzen Threadripper 1950X processor from its introductory price of $999, with $120 slashed from the price bringing it down to $879.
Intel's current-gen Core i9-7960X costs a magnitude more at $1739 on Amazon at the time of writing, nearly double the price of the Ryzen Threadripper 1950X. For the megataskers and enthusiasts, the X399 chipset rocks 64 PCIe 3.0 lanes which is plenty for massive amounts of super-fast storage, as well as allowing multi-GPU users to ramp up to x16/x16/x16/x16 configurations for the ultimate in performance.
This price drop is pretty significant, at $120 it will hurt Intel in the long run even more than they are now. Intel will have to react to this yet again, and with their track record we can expect another CPU series announced next week.