Intel Will Release New Technology on Monday

Intel is expected to release the next-generation chip for server systems on Monday,according to a report in The Wall Street Journal.

Known by its code name, Nehalem, the microprocessor has been acknowledged as a vital element in numerous tech companies’ upcoming products. Both Dell [DELL 10.15 0.32 (+3.26%) ] and Cisco [CSCO 17.07 0.22 (+1.31%) ] have announced their use of the chip in developing products. Other companies are not expected to announce their plans based on the Nehalem chip until Monday, the report said.

Results of performance testing of the chip have not been released, however, Intel [INTC 15.33 -0.12 (-0.78%) ] suggests that Nehalem is a significant enhancement of current similar products.

The company told the paper that the new product can save consumers money because it has greater support for virtualization software. This allows machines to run more efficiently, replacing a large number of older chips with one or two new ones, saving customers money on maintenance and electricity. Intel estimates that one Nehalem powered server could replace approximately nine other machines.

report from http://www.cnbc.com/id/29893114