Intel announces new chip, $1M PC design competition

[stonegatherer]

Intel Corp. Chief Executive Paul Otellini said Tuesday a new computer chip with four electronic brains will begin shipping in November as the company's heated battle continues with rival Advanced Micro Devices Inc.

The company also announced Tuesday up to $1 million in prizes for the designer and manufacturer who makes the "smallest and most stylish" home PC based on Intel technology.

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