Intel Unveils High-Speed Chip

Intel has rolled out a new chip for servers that will more than double the effectiveness of systems but consume no extra power, the Wall Street Journal reports. The Xeon 5500 excels at “virtualization,” allowing multiple operating systems and applications to run on one server—which Intel hopes will attract buyers in a recession. “The Xeon 5500 becomes a cash machine for IT,” an Intel exec said.

One analyst said the Xeon 5500 signals a resurgence for struggling Intel. “They have come back and this is just an awesome product," he said. More than 70 computer makers are planning to integrate the new chips, including HP, IBM, Dell, and Apple. (More Intel stories.)