Intel introduced a second desktop processor with six core, the Core i7-970, which come with 12MB L3 Cache, is clocked at 3.2GHz and will carry a suggested retail price of $885.
The i7-970 is a step down from the i7-980X, which sits at the very top of Intel's hierarchy of desktop CPUs. The latter costs $999, is clocked at 3.33GHz and because it is an Extreme Edition unit, has an unlocked CPU multiplier.
Both "Gulftown" CPUs use Intel's latest 32nm manufacturing process but this doesn't stop it from having a whoppingly high TDP of 130W which means that they are unlikely to go much higher.
In the UK, Dabs is already offering preorders for the i7-970 (with three years warranty) starting from a whopping £694 including free delivery.
In comparison, AMD's Phenom II X6 1055T processor, which is also a six-core model albeit one which runs only at 2.8GHz and packs 3MB L2 cache, costs a paltry £154.90, roughly, a fifth of Intel's offering.