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Intel antes up $1B on success of Itanium line of chips | |
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| Time: 15:05 EST/20:05 GMT | News Source: USA Today | Posted By: Guillaume Hbert | ||
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Intel has socked about $1 billion into a struggling high-end computer server chip. This week, Intel showed developers the second in its ''Itanium'' line of server processors, designed to give the company a toehold in the lucrative high-end computing market and expand its heft beyond PCs. Intel's bet needs to pay off with this version, analysts say. Intel and design partner Hewlett-Packard have spent six years and $1 billion on the line. ''Intel and H-P are holding a party, and nobody's coming,'' says analyst Peter Kastner of the Aberdeen Group. | ||
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