Source close to Intel Corporation said the company plans to formally launch its 90nm desktop processors code-named Prescott on the 2nd of February, 2004. As expected, the firm will ship a family of Prescott chips at different frequencies under Pentium 4 with SSE3 brand-name.

On a related note, Intel says it will report fourth-quarter revenue of between $8.5 billion and $8.7 billion, the high end of its previous forecast. Intel's performance and outlook are considered to be a key indicator of the health of the tech industry.