Intel's Core processor lineup (the parts formerly known as Nehalem) are a stone's throw away from release, and in preparation of the launch, Intel is cutting prices on a pair of existing chips and adding a few more to its lineup.

The price cuts affect two of Intel's higher end offerings, with the Core 2 Quad Q9550 (2.83GHz) and Xeon X3360 both dropping a generous 40 percent from $530 to $316. The new price points represent 1,000 tray units, so expect to pay slightly more through your favorite online vendor.

New models will also find their way into the lineup, including the Core 2 Quad Q9650 (3.0GHz) and Core 2 Quad Q9400 (2.66GHz) priced at $530 and $266 respectively. A trifecta of new Xeons will also make their way into the lineup: Xeon X3370 (3.0GHz) priced at $530, X3333 (2.66GHz) priced at $266, and the E3120 (3.16GHz) priced at $188.

It might be awhile before other popular chips in Intel's lineup see another price drop, as the company has stated its initial Nehalem parts, the Core i7, will be geared towards high-end PCs.

Image Credit: Intel

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