Intel to delay Itanium release

SAN JOSE, Calif. – Intel Corp. will delay the high-volume release of an update to its Itanium chip, according to a story from the Associated Press.
Intell announced on Monday the delay of the next-generation Itanium chip code-named Montecito. The chip was scheduled to ship early in 2006 will now ship mid-year.
Intel did not issue a press release regarding the delay. It is unclear if the delay will directly affect the Fort Collins Intel employees.
Intel has an Itanium design team based in Fort Collins. The company, which took over the Hewlett Packard Co.-Intel…