FUD Zilla claims Intel will start shipping 32nm Celeron chips based on the Sandy Bridge architecture in Q3 2011:
The new Sandy Bridge will get graphics to Celeron brand. It is not clear if Intel plans to keep the graphics enabled but we heavily suspect that the graphics part will get available with these new parts.
We expect a dual-core at similar or lower TDP and it will be LGA 1155 based, hence the graphics support. It should most likely use H61 chipset based boards.