AMD will cut the prices of entry-level 90nm processors on 9 April by between 30 and 35 per cent, a US investment bank has claimed.

San Francisco-based Thomas Weisel Partners (TWP) recently told investors AMD's inventory levels of these chips remains high, suggesting to TWP analysts a further round of price cuts is in the offing, DigiTimes reports.

AMD has implemented three rounds of price cuts this year already, trimming Athlon and Sempron prices in January, followed by Opteron and further Athlon cuts in February. The cuts have come as arch-rival Intel has aggressive pruned its own prices, part of a fight that's harmed both companies' bottom lines.

In January, AMD reported its first quarterly loss in two years. Its announcement came a week after Intel reported a 39 per cent decline in profitability.

• AMD preparing Turion challenger for next-gen Centrino? (10 April 2007)
• AMD updates Catalyst graphics software (30 March 2007)
• AMD launches laptop-friendly 690 chipset (29 March 2007)
• AMD next-gen chipset roadmap leaked? (20 March 2007)
• AMD to miss Q1 sales target (5 March 2007)
• Analyst sounds AMD cash-flow warning (16 February 2007)
• AMD slashes Athlon prices by up to 45% (12 February 2007)
• AMD sacked by ATI costs (24 January 2007)
• AMD cuts Athlon, Sempron prices (22 January 2007)