In celebration of the Atom's one-year anniversary, Intel's unveiled Z550, the latest processor in the family and as the rumors suggested, it clocks in at a pretty impressive 2GHz along with support for Hyperthreading, all in under three watts of power usage. Additionally, it took the veil off of the Z515 with Intel Burst Performance Technology, which can bump the speed up to 1.2GHz. In more forward-thinking news, senior VP and general manager Anand Chandrasekher demoed its Moorestown MID platform on stage at a presentation, which we last heard was supposed to show itself in a more tangible form sometime this month via an Archos netbook. We've contacted Intel for video of that demonstration, so you're just gonna have to wait a bit for that.

Update: The Moorestown demo was (how should we put this)... lame -- from a consumer's standpoint anyway. Instead of demonstrating it in a hand-held MID, Intel was again showing off silicon in a desktop rig strapped to enough life support to keep AMD afloat. The demo did show the 10x less idle power consumption promised but we've got a ways to go (2010 or before) before we see Moorestown product.

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Intel debuts 2GHz Atom Z550 processor, demos Moorestown platform