Both AMD and Intel announced price cuts earlier this week on both notebook and desktop processors, more than likely to clear room for new products in their respective lines. Here is a look at some of the price drops:

• The TL-60, a dual-core 2GHz Turion notebook chip, dropped 26 percent, from $354 to $263.
• The TL-56, which is a similar chip that runs at 1.8GHz, dropped from $263 to $220.
• The TL-52, which runs at 1.6GHz, goes from $220 to $184.
• On the desktop side of things, the Athlon 64 FX-62, a 2.8GHz monster chip for gamers, declined from $827 to $713.

On the Intel side of things:

• The Celeron D 360 for desktops went from $84 to $69, an 18 percent decline.
• The Celeron 326,that being the absolute bottom line chip from Intel, went from $39 to $34.

Be on the lookout for new chip releases from both companies soon.