Intel is ready to cut the price of its flagship Core i7-2600K desktop processors if AMD's upcoming eight-core FX-series CPUs turn out to be faster than their own chips, states a report that has recently hit the Web. The Intel Core i7-2600K is currently Intel's fastest consumer CPU based on the Sandy Bridge architecture and retails for $314.99. The chip features four processing cores that can run up to eight simultaneous threads thanks to Intel's Hyper-Threading technology, has a base clock speed of 3.4GHz (3.8GHz in Turbo Boost mode) and it packs 8MB of shared Level 3 cache memory. This will be countered by AMD with the FX-8130P which includes eight processing cores, 8MB of Level 3 cache, has a base clock speed of 3.8GHz (4.2GHz in Turbo mode), and is rumored to carry a $320 price tag. AMD's CPU also includes a dual-channel integrated 1866MHz memory controller and, similarly to Intel's offering, comes with an unlocked multiplier that should allow for greater overclocking headroom. Its TDP is set at 125W, but AMD will also release a slightly less powerful eight-core chip, dubbed the FX-8130, which features pretty much the same specifications, but has a base clock of 3.6GHz and a maximum Turbo frequency of 4GHz. The FX-8130 will be priced at $290. Bulldozer is the name of AMD's next-generation high-performance architecture which will be based on a modular design developed in order to eliminate the redundancies found in multi-core architectures. What we don't know right now is when the first FX-series processors are available in retail as recent reports stated that AMD is having difficulties keeping up with its release schedule, making some motherboard manufacturers think about postponing the launch of their 900-series AM3+ boards. However, AMD is still expected to launch its FX-series processors in the first half of June, but we might be looking at a paper launch.