Those are some very insignificant cuts. (Small cuts to only some of their chips.)

It confirms that both AMD and Intel has decided to lay off on aggressive price cutting for the time being, as it would only harm both of them.

I am waiting until September/October when AMD is going to releases a bunch of new chip. Also waiting for 32 nm Intel chips but not so interested in those as they will cost an arm and a leg. (Expecting 6 and 8 core chips to cost $2000).

Like next week.