CNET reports about a stealth startup planning on taking on Intel in the notebook and ultra-portable computer segment with own processor design.
Montalvo Systems is apparently designing a multicore, energy-efficient chip capable of running the same software Intel chips can run.Montalvo Systems is apparently $73m in venture funding and is supposed to make a public announcement later this year.
More details about the company and how difficult it is to compete against Intel are on CNET.
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