You just gotta love competition. Case in point: Today, Intel announced major price cuts on the Pentium 4 and Itanium line of processors. The high end 3.6 Ghz Pentium 4 enjoys a 35% price reduction, going from $637 to a mere $417. Okay, maybe that is still a bit steep, but there's more. The much more cost-friendly 2.8 Ghz P4 chip went from $117 to $103. Looks like it may be time to consider upgrading.

For you business server types, you will be happy to know that the 64-bit Itanium chips have also had prices dropped, such as the 1.4 Ghz which goes from $2,247 to $1,980. Don't look for a drop on the "Extreme Edition" chips, however, as they remain at $999 USD.

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