Pentium 4 processors hitting the 3GHz mark have already been demonstrated at recent developer conferences hosted by Intel, but the chip maker's is to bring the speedy chips to market before 2003, a company spokesman said.
The onset of smaller 0.13-micron engineering technology from Intel has played a significant role in accelerating the clock speeds of Intel processors. Last month, the company opened a new 0.13-micron processor manufacturing plant in Arizona. The new facility, known as Fab 22, was a $2bn (£1.36bn) investment by the company.
Intel has intensified its focus on the development and manufacturing of processors for PCs, laptops, handhelds and other computing devices, but is phasing out its line of Intel-branded consumer-targeted products such as Intel Create & Share software.
Customers have received notices of discontinuance concerning future orders for many Pentium III chips with 100MHz system buses that have clock speeds less than 1.1GHz. But plus-1GHz Pentium IIIs with 133MHz buses are not affected, nor are Mobile Pentium III chips.