March 28 (Bloomberg) -- Five hundred employees and guests crowded under a white tent half the length of a football field at Intel Corp.'s Santa Clara, California, headquarters as Chief Executive Officer Paul Otellini put his company's newest line of computer chips through their paces.
``These are the best microprocessors we've ever designed, the best microprocessors we've ever built,'' Otellini told the audience. ``This is not just incremental change; it's a revolutionary leap.''
Otellini's pronouncement relegated to obsolescence Intel's Pentium chip, which once powered more than 80 percent of the world's personal computers. That wasn't the only surprise last July.
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