In the processing power in terms of clock speed, Intel did not bother much. AMD have already showed their FX processors which run at 4GHz. With the introduction of 4th generation Haswell Core i7 – 4790K processor, Intel is entering the arena with a capable processor which runs at 4GHz and it can go up to 4.4GHz in Turbo mode.
The biggest advantage is Intel is not charging much for the processor, at the price is tagged at $339. Only downfall is that it uses slightly higher watt – 88W. But nonetheless for the price, this is really good deal.
Source: AnandTech
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