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Intel to Debut Chip for High-End PCs

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From Reuters

Intel Corp. of Santa Clara is set to introduce a long-delayed chip for high-end computers, hoping to breathe life into a product line that has not met expectations after billions of dollars of investment.

The latest addition to Intel’s Itanium processor family has 1.7 billion transistors -- triple that of its predecessor. It also has two processing cores to handle multiple tasks at the same time, and a huge amount of memory to crunch data faster.

Long known by the name Montecito, the chip is part of a development effort that originally included Hewlett-Packard Co. and was intended to replace the aging Pentium chip family.

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