Many chip experts have already written off Itanium as a failure. Even before it debuted five years ago, industry wags coined the nickname “Itanic” for the chip. The theme of a sinking ship has stayed with Itanium since then as many customers have decided it is inefficient, expensive and not worth the trouble of upgrading to newer software and hardware.
The new version of the Itanium chip, code-named Montecito, has more than 1.7 billion transistors.
In the past year, Itanium has lost some momentum, particularly because Montecito is being released nine months late.