A processor includes an instruction schedule and dispatch (schedule/dispatch) unit to receive a single instruction multiple data (SIMD) instruction to perform an operation on multiple data elements stored in a storage location indicated by a first source operand. The instruction schedule/dispatch unit is to determine a first of the data elements that will not be operated to generate a result written to a destination operand based on a second source operand. The processor further includes multiple processing elements coupled to the instruction schedule/dispatch unit to process the data elements of the SIMD instruction in a vector manner, and a power management unit coupled to the instruction schedule/dispatch unit to reduce power consumption of a first of the processing elements configured to process the first data element.