AMD 6-core Phenom II $222 (5 times cheaper than Core-i7 980X)
geek.com
geek.com
To get about the same clock, you need to pay $325.
The Core-i7 980X is made on a smaller process node, 32 instead of 45 nm. The two processors aren't easily compared, the cores in the Core have half the L2 cache of the Phenom (256 vs. 512KB) and the shared L3 is twice as big (12 vs. 6MB).
As for the pricing, according to Wikipedia there's just this one unlocked Core desktop part, vs. a couple of dozen Xeon server parts and 8 4 core dual processor parts. It sure looks like to me like Intel is selling all the server parts it can and is throwing out this one desktop version for the enthusiasts with a price to match.
Anyone have an idea of what the different L2 and L3 cache tradeoffs will mean in practice?
One place where the larger L3 is a win is on low parallelism, memory hungry loads -- they have a much larger L3 all to themselves.
On a generation of one platform I dealt with, main memory latency and bandwidth (faster processor design, on-board memory controller, RDRAM) were on par with the L3 cache from the previous platform generation.
The cache shrank, and the performance increased.
As always, benchmarks are not useful for deciding how your application will perform on a certain CPU and you should do some tests for yourself, but considering the huge difference in this synthetic benchmark, I'd say some people would be willing to pay difference.
The relationship of price and performance is not linear.
On top of that, Intel is way ahead in the IPC game. I don't know what the lay of the land is currently, but back when it was a choice between 45nm Phenom X4 and 45nm Core i7 9x0 chips, in some circumstances a Core i7 thread performed the same as a Phenom core.
Relevent Anandtech article:
http://www.anandtech.com/show/2978/amd-s-12-core-magny-cours...
Which shows a 12 core, 2.2ghz Magny Cours chip being beaten by a 6 core 2.93ghz Xeon (the server equivilant of the 980X).
We're also now in a leapfrogging situation, where year by year this may change. AMD is one process node behind Intel; I'm not sure how to count microarchitectures, but ignoring processor interconnects (which Intel has only just started to address by copying the AMD approach) if you consider Core to be more advanced than K8 and Nehalem more than K10 then AMD is also one microarchitecture behind.
Wait a year for 32nm, then there will also be $100 4-core chips that unlock to 6!