The 2700X price cut occurred in the context of Intel releasing a 6C12T processor for $350 that kept up with AMD's $500 processor. i.e. very close in multithreaded performance and easily beating it in single-thread.
That's not going to happen this time around. Intel doesn't really have a response to 16C consumer processors. Best thing they can do is release the 10C chip they're working on... probably at $500 again. And they will be behind the 12C version that AMD has at $500 already.
The only similarly aggressive move that Intel could even make would be to drop 10C to the $350 segment (perhaps with Hyperthreading disabled), which would be a massive blow to their margins.
That's not going to happen this time around. Intel doesn't really have a response to 16C consumer processors. Best thing they can do is release the 10C chip they're working on... probably at $500 again. And they will be behind the 12C version that AMD has at $500 already.
The only similarly aggressive move that Intel could even make would be to drop 10C to the $350 segment (perhaps with Hyperthreading disabled), which would be a massive blow to their margins.