That's just for the chip, mother board and casework extra. Read all about on Slashdot.
Damn, that is pricey. I remember when the Mostek 6502 selling for $30 won the Apple II slot, and in the process extinguished the Motorola 6800 which sold for $100. And there is some market share such a chip will miss, such as the $300 laptop market.
And in real life, the speed of a desktop computer is set by the speed of the RAM, hard drive, OS, and network, not the CPU. I notice my relatively new HP laptop running Win 10 is no faster than my 10 year old desktop running Win XP. Improvements in hardware speed are sucked up and thrown away by the latest version of Windows.
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