The world’s largest microprocessor maker, Intel Corporation, has confirmed the company would for the first time include USB 3.0 support in its new Cougar Point chipset (successor to Ibex Peak) that is expected to become available by some time in the fourth-quarter of this fiscal year.
USB 3.0 firstly launched in 2008 after it was being developed for about four years by Intel, but has not seen mass penetration yet primarily because device makers have failed to widely adopt the technology.
The fact that Intel has finally chosen to implement the technology in a standard chipset will likely see more computer makers adopt the standard that will give consumers superior connectivity and far faster data transfer speeds.
Intel is expected to make the announcement during the company’s annual Developer Forum scheduled to take place September 13-15 in San Francisco.
Intel most recently revised third-quarter earnings, now projecting total revenue in Q3 to be $10.8-billion to $11.2-billion.
Intel previously forecasted earnings in the period to be $11.2-billion to $12-billion.
The company says the downward pressure on projected earnings is the result of weaker than expected demand for personal computers in mature markets.
Actual earnings in the period will be published on October 12, according to the company.
The new chipset could propel earnings higher as computer makers scramble to support the faster data transfer speeds that consumers strongly demand.
Chief rivals such as AMD Corp. will likely offer their own chipsets that include the standard, but that might not happen until the first-quarter of 2011.
The Intel Cougar Point chipset was originally slated for a Q1 2011 launch, but will now ship before the end of 2010.
The Intel stock (NASDAQ:INTC) is trading down almost 2-percent in mid-day trading at $18.08 per share in today’s trading session.
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