Intel venture fund to spur 64-bit sales

Intel venture fund to spur 64-bit sales
Tom Foremski Intel is helping to establish a $250m venture capital fund to boost the use of its forthcoming 64-bit microprocessors. Intel will provide most of the money and will be joined by major PC makers including Hewlett-Packard, Compaq Computer and Dell Computer. The first IA-64 micro, the Merced, is due in mid-2000 followed by McKinley in 2001. The problem Intel faces is that there is little software to support the IA-64 microprocessors, and the Merced offers no performance enhancement when running existing 32-bit software. By accelerating 64-bit application development, the venture fund aims to spur 64-bit system sales.


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