Besides launching the Core i7-970, Intel also introduced a couple of other chips and cut prices of existing CPUs. Here's a summary of the changes in the desktop processor segment:
Most of the action lies in the LGA1156 platform, with the Core i7 870 getting a massive 47.6% price cut, sending its price plummeting down to $294, from $562. This cut may have been influenced by the Core i7 875K, which is a multiplier-unlocked SKU which is priced just a little under $350, with the same clock speeds as the i7 870. Interestingly, no price changes for the i7 860 were noted. An energy-efficient variant of the i7 870, the 870s, was introduced, it is priced at $351.
The Core i5 760 is another new entry, this processor carries the same clock speeds as the i7 860 (2.80 GHz), except that it doesn't come with HyperThreading Technology, and its northbridge is clocked at 2.13 GHz, like the i5 750, unlike 2.40 GHz on the i7 800 series. This one goes for $205, just $5 more than the i5 750. Further down, the i3 540 dual-core processor got a price cut to $117, and LGA775 Pentium Dual Core processor models E6600 and E5500 also got small price cuts.