Intel Corporation is prepared for the official introduction of its newest processors, the Core i7. The chips will feature the company's next-generation micro-architecture code-named Nehalem. The Santa Clara based giant chip manufacturer announced that the new CPUs would come live at a media and analyst event held on November 17 in San Francisco.

According to the company, the event will have as headline “the fastest processor on the planet”. As already announced, Intel plans to release three of its new processors, all quad-core Bloomfield models: the 2.66 GHz Core i7 920, a chip targeting the sub-$1000 class of PCs, the 2.93 GHz Core i7 940, meant to fit the more expensive PCs placed in the $1500-$2000 range, and the 3.2 Ghz 965 Extreme Edition aiming at the enthusiast PC segment.

The company announced a few days ago that the new chips would be priced at $284 for the Core i7 920 CPU, $562 for the 940 model and $999 for the 965 Extreme Edition processor. As these are the prices for 1000 unit purchases, the retail costs will probably be 10 or 15 percent higher.

The Core i7 chips are highly expected on the market, as they are said to bring a lot of technology innovations along with leveraged performance levels compared to the current models. The latest news and reviews of the chip state that it can be easily considered the fastest on the market. Moreover, it is expected to greatly appeal to enthusiasts and gamers, as it also offers a good deal of overclocking capabilities.

On the other hand, given the price tag of the chips, they prove to be a little too expensive for the average user, not to mention on a budget. The thing is that those willing to spend their money on the Core i7 must also acquire an X58 motherboard along with it, as well as some new tri-channel memory modules. And they are not too cheap either.