Phenom II X2 550 will be the 3.1GHz dual core Phenom II. This is a harvested version of Deneb quad-core, that will have two cores disabled and it should launch in June.
This dual-core can achieve very high performance as it will have 7MB of total cache or 2x512KB L2 and massive 6MB of L3 and this one should give Intel's Core 2 series a big headache especially with its price / performance ratio.
Source: Fudzilla
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