More De Facto Price Cutting From Intel
Advanced Micro Devices (NASDAQ: AMD) is breathing down Intel's (NASDAQ: INTC) neck. With AMD's Ryzen chips for PCs and EPYC chips for servers offering solid value, Intel's dominance in the CPU market is being slowly whittled away.
Already, Intel has done some price cutting, both directly and by introducing new models at reduced prices. For the PC, Intel introduced a new lineup of high-end X-series chips with significantly lower prices than their predecessors. For servers, Intel slashed prices for certain high-memory variants of its Cascade Lake chips.
On Monday, Intel did some more de facto price cutting by introducing new second-generation Xeon Scalable processors. These chips offer improved performance, but also substantially lower prices on a comparable basis. Intel didn't come out and say it, but the price reductions are a direct response to the success of AMD's EPYC.
Source Fool.com
