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Intel initiates shipments of Core i7 microprocessors

Intel Corp.'s chief executive officer Paul Otellini said during a conference call with financial analysts that the chipmaker has initiated shipments of its new microprocessors based on Nehalem micro-architecture. The new chips will enable higher performance and will also utilize radically different platform architecture that will resemble that of Advanced Micro Devices.

"I am pleased to announce that we began shipments of our Nehalem product family during the third quarter and expect to formally launch these products in November. Nehalem brings a new micro-architecture and new performance features. This new product family will further extend our performance leadership in microprocessors," said Mr. Otellini while announcing financial results for the third quarter. Mr. Otellini said that despite of economy crisis Intel intends to release its Core i7 as well as Xeon processors based on Nehalem micro-architecture as soon as possible in order to boost demand in certain market segments, which would naturally offset lowering demand from corporate segment in the USA.

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