IBM ships 5.2GHz chip, its fastest yet

"IBM's newest chip for mainframes boasts one of the highest speed ratings to date and will go into Big Blue's fastest mainframe computers.

"IBM, no stranger to cutting-edge chip designs, will use the new 5.2GHz z196 processor in mainframes targeted at businesses managing huge workloads, such as large banks and retailers.

"Why the need for more than 5GHz of speed, one of the highest frequencies of any commercial processor to date? IBM cites a study by Berg Insight, showing that the number of active users of mobile banking and related financial services worldwide is forecast to increase from 55 million in 2009 to 894 million in 2015. IBM's customers need all the horsepower they can get to handle these staggering data processing loads."

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