Intel XEON CPU Significant Price Cut on the Horizon?

Is there an Intel XEON CPU price cut (15-40%) on the horizon or is it just rumour? 

According to The Register this may be the case.  Will this mean slightly cheaper server prices from vendors such as HP and Dell, and will we ever be able to pick up an HP Proliant ML110 or ML115 for sub-£100 ever again?

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