Intel has cut prices for some of its chips by a substantial amount. With reductions of up 48 percent, the company Sunday cut prices of its Core 2 Quad, Core 2 Duo, Pentium dual-core, Celeron and Xeon chips.

Check out the table below for the full list of cuts.

Processor Old Price New Price Percentage Decrease Celeron Mobile 570 $134 $70 48% Core 2 Quad Q9650 $530 $316 40% Xeon X3370 $530 $316 40% Celeron Mobile 585 $107 $70 35% Celeron Mobile 560 $107 $70 35% Pentium Dual Core E5200 $82 $64 24% Core 2 Quad Q9400 $266 $213 20% Celeron Mobile 540 $86 $70 19% Celeron Mobile 530 $86 $70 19% Celeron Dual Core (Desktop) E1400 $53 $43 19% Core 2 Quad Q8300 $224 $183 18% Core 2 Qaud Q9550 $316 $266 16% Core 2 Quad Q8200 $193 $163 16% Xeon X3360 $316 $266 16% Xeon X3350 $316 $266 16% Xeon X3330 $266 $244 16% Core 2 Duo E7300 $133 $113 15% Pentium Dual Core E5300 $86 $74 14% Pentium Dual Core E2220 $74 $64 14% Core 2 Duo Mobile P8600 $241 $209 13%

It’ll be interesting to see how AMD will react to this news. With cuts to the Q9400, and Q8300, it doesn’t look like the company will have much choice to drop its prices and try to match the competition.

*All prices per unit are per block of 1,000.