Intel posted price cuts on Sunday that included reductions of 50 percent on select quad-core processors. The chipmaker also introduced new Celeron and Core 2 Duo processor models.

The price of the Core 2 Quad Q6700 (2.66GHz) fell 50 percent from $530 to $266, while the quad-core Xeon X3230 (2.66GHz) saw an identical cut: from $530 to $266.

Celeron price-cut highlights include the Celeron 430 (1.80GHz), reduced 23 percent from $44 to $34 and the dual-core Celeron E1200 (1.60GHz), falling 19 percent from $53 to $43.

The dual-core Xeon 3085 (3.00Ghz) was reduced 29 percent from $266 to $188, and the Intel Core 2 Duo E6850 (3.00GHz), from $266 to $183 (31 percent).