Intel, Samsung, Toshiba form consortium aiming for 10nm chips by 2016

There isn't much to say here, so let's just get on with the facts: Intel, Samsung, and Toshiba are joining forces and pooling R&D efforts in a consortium funded in part by the Japanese Ministry of Economy, Trade and Industry (an expected 50 percent, or 5 billion yen / US $62 million) and the rest from the members. The goal? Semiconductor chips nearing 10nm by 2016. Ten more companies are expected to be invited once things get sorted out, so major chip-related corporations, please keep checking your mailboxes daily.