Intel will be holding Intel Developer Forum this week and believed to announce its low end Xeons processor family on the event. The Xeon 3000 family will start shipping this month as Xeon 3040 (1.8Ghz), 3050 (2.13Ghz), 3060 (2.4Ghz 4MB Cache), and 3070 (2.66Ghz 4MB Cache). According to CNET, the lower end speed, FSB and amount of cache matched Core 2 Duo lineup, so it could be a relabeled Core 2 Duo. Pricing is almost similar to Core 2 Duo processors.
"There are four Intel Xeon 3000 model planned as following: Xeon 3040 (1.86GHz/2MB L2/1066MHz FSB), 3050 (2.13GHz/2MB L2/1066MHz FSB), 3060 (2.4GHz/4MB L2/1066MHz FSB) and 3070 (2.67GHz/4MB L2/1066MHz FSB), priced at US$188, US$224, US $316, and US $530 respectively, share the similar price with Core 2 Duo."
Intel to announce low-end Xeons [via cnet]