AMD has stressed Intel out so much that they've aged 20 years overnight, and now the pain continues. Intel has announced, very quietly I might add, that the frequency of their new Core i9-7920X processor is just 2.9GHz for base clock, with the Turbo Clock unknown at this point.
Intel's upcoming Core i9-7920X is the company's 12C/24T processor that will be priced at a hefty $1199, and when compared to AMD's new Ryzen ThreadRipper 1920X (12C/24T), Intel loses. First, AMD has its Ryzen ThreadRipper 1920X clocked at 3.5GHz base, and a much cheaper price of $799.
Intel also revealed that the 7920X will have 16.5MB of L3 cache, but didn't unveil any new specs of the processor just yet. So unless Intel's new processor destroys the ThreadRipper 1920X, the massive $400 increase might not be justified.