Intel Corporation yesterday introduced a new Intel Xeon processor for dual processor servers and workstations with double the on-die cache of previous generations. The new Intel Xeon processor at 3.06 GHz features a 1 MB level three (L3) cache with a 533 MHz system bus. It is designed for use in general-purpose servers for Web hosting, data caching, search engines, security, streaming media and high performance computing, and in workstations for digital content creation, mechanical and electrical design, financial analysis, and 3D modeling. The Intel Xeon processor at 3.06 GHz with 1 MB of L3 cache is drop-in compatible with existing systems designed with the Intel® E7501 (for servers) or Intel® E7505 (for workstations) chipsets, Intel® PRO Gigabit Ethernet Network Connections and Intel® Server RAID Controllers. It is also hardware compatible with systems from leading vendors and with Intel Server Products using dual Intel Xeon processors. The Intel Xeon processor at 3.06 GHz with 1 MB of L3 cache is now available worldwide for Intel's suggested list price of $690 in 1,000-unit quantities. More information @ Intel