yaksha writes "Intel said on Wednesday that it has completed the development phase of its next manufacturing process that will shrink chip circuits to 32 nanometers. The milestone means that Intel will be able to push faster, more efficient chips starting in the fourth quarter. In a statement, Intel said it will provide more technical details at the International Electron Devices Meeting next week in San Francisco. Bottom line: Shrinking to a 32 nanometer is one more step in its 'tick tock' strategy, which aims to create a new architecture with new manufacturing process every 12 months. Intel is obviously betting that its rapid-fire advancements will produce performance gains so jaw dropping that customers can't resist."