On Monday, a new processor chip for data centres was announced by International Business Machines Corp (IBM). This will reportedly manage to handle three times the workload of its predecessor. IBM revealed that Samsung Electronics Co Ltd will manufacture the IBM-designed Power10 chip, for business purposes inside data centres.

The chip will use Samsung’s 7-nanometer chip manufacturing process, which is similar to the 7-nanometer technology that Advanced Micro Devices Inc uses to have its chips made by Taiwan Semiconductor Manufacturing Co Ltd.

Both IBM and AMD use outside chip factories to compete against Intel Corp, the dominant provider of central processor chips in data centres and one of the few players left that both designs and manufactures its own chips. Intel made a recent announcement that its next generation of manufacturing technology is encountering delays. Analysts suggest that this will allow its rivals to gain market share/

Three of the world’s top-ten fastest supercomputers use chips manufactured by IBM. The company has long focused on high-performance computing systems. It revealed on Monday that the Power10 chip has been designed to be faster at artificial intelligence computing tasks than its predecessor, doing such work up to 20 times faster than its previous generation of chip.