Sources claim that on October 19th, Intel will release the Core 2 Duo E7400 processor, a successor to the current E7300. The release also affects prices across its segment. The E7400 comes with a 2.66 GHz clock speed. It comes with a FSB multiplier of 10.0x for and 3 MB of L2 cache. Coming to its price, it displaces the E7300 from its current price of US $133 and pushes it down to $113, the E7400 will be priced at $133. In its segment, the E7400 will compete with AMD's Phenom X3 8750 and Phenom X4 9550, though it is expected to perform better than AMD's offerings in that price-range given today's applicatison.