Verified answer

Yes and the supplied heat sink compound is adequate but gamers and over clockers might want to use a professional heat sink compound that will obtain lower temperatures. I used TIM Consultant's compound with excellent results. I would think around 3.0ghz to keep it stable.

Intel Core i7 860 Processor

The Intel Turbo Boost Technology dynamically increases the processor’s frequency as needed by taking advantage of thermal and power headroom when operating below specified limits, allowing the Intel Core i7 860 Processor to attain single-core performance up to 3.46 GHz. Get more performance automatically, when you need it the most. An integrated memory controller offers stunning memory read/write performance through efficient prefetching algorithms, lower latency, and higher memory bandwidth making the Intel® Core™ i5 processor ideal for data intensive applications.