All of the Core i series processors are high performance chips. They come in different varieties. You have the Core i3 which is always a dual core processor with Hyperthreading technology. They never have TurboBoost and generally have the least amount of cache.
Hyperthreading is intel's version of simultaneous multithreading (SMT) and it was first introduced to the desktop market in 2002 with the 3.06GHz Intel Pentium 4 processor. Hyperthreading tricks the operating system into thinking that there are extra cores on the processor when in reality there are no extra cores. Hyperthreading enables each core to be able to do two things at once some of the time but not always. It's not quite as good as having extra 'real' cores but it does...