CNET is reporting that Intel has delayed its Itanium chip until the fourth quarter of this year. More than just a dumb name, the Itanium is the first of Intel's newfangled EPIC chips aimed at high-end servers. I read something just the other day about how Intel was having trouble getting the Itanium chips to run much faster than 700MHz or so. Now it looks like they're going to have to come up with a new stepping of the chip before launch.

Check out this explanation from an Intel spokesman:

Added spokesman Bill Kircos: "The change of recognition of revenue is a result of requiring an additional processor revision prior to moving to the pilot release."
O golden-tongued PR fiend! Try to say that ten times fast.
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