Core i7-980X has six cores together with SMT, 32 nm process and 130 Watts TDP according to a leaked slide from Intel which look authentic. 12 MiB L3, Turbo Boost and socket LGA1366 are mentioned as well. X58 motherboards should be fine for Core i7-980X. Pricing is set somewhere around 999 USD. The official name given is Core i7-980X Extreme Edition with Codename Westmere. It will be having a Core Speed of 2.4GHz.