Intel's Next Trick May Be Octa-Core Processors

NEW YORK ( TheStreet) - As the first computers to take advantage of Intel's ( INTC) latest and arguably greatest processors are reaching the market, speculation is rife about what might come next.

According to VR-Zone the next generation of Intel Haswell chips will have eight cores of processing power.

The new "Haswell-E" chips will up the ante from the current line Ivy Bridge-E, quad-core processors. The new line will give manufacturers and end users the choice of either 6 or 8-core desktop CPUs with as much as 20 MB of L3 cache. Current Haswell chip are used in computers which run Microsoft ( MSFT) Windows and Apple ( AAPL) OS X operating systems.

Even considering no actual specifications, or prices, have been made public experts believe the new processors will be capable of delivering as much as a 33%-50% speed jump over the previous generation of chips. Add to that the prospect of a new Intel's motherboard chipset (codename "Wellsburg") and overall computing performance should set new records.

Competitor, AMD ( AMD) has, so far, not been able to keep up with performance specs from Intel's top-of-the-line microprocessors. AMD's new powerhouse chip is called "Steamroller".

According to the rumors, the Haswell-E is scheduled to begin shipping next year. Products with the new processors should reach the marketplace in the second half of 2014 - in plenty of time for the holiday shopping season.

In early trading Monday, Intel was gaining 1.2% to $25.20.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to: tips@thestreet.com.
Gary Krakow is TheStreet's senior technology correspondent.

If you liked this article you might like

What to Watch From Samsung, Google and Others at the Mobile World Congress

What to Watch From Samsung, Google and Others at the Mobile World Congress

HPE's Earnings Beat Is Encouraging, but Don't Get Too Excited Just Yet

HPE's Earnings Beat Is Encouraging, but Don't Get Too Excited Just Yet

Citi Will Refund $335 Million in Card Charges: LIVE MARKETS BLOG

Citi Will Refund $335 Million in Card Charges: LIVE MARKETS BLOG

Jim Cramer: Today Is Not Just About VIX, It Is About COMPANIES!

Jim Cramer: Today Is Not Just About VIX, It Is About COMPANIES!