NY Times: ARM's new Eagle chips run about five times faster than current chips, while keeping power consumption incredibly low. By 2012, Eagle chips should hit the market, giving smartphone users up to four 2.5-gigahertz processor cores--even computing power to handle virtualization software. And at least one Texas startup plans to license ARM's designs to create chips for Web servers.
ARM processors power nearly all of today's smartphones. They sell for less than $20, while Intel chips cost $30 to $1,000.