Immediately one month after setting a innovative processing speed record with its Larrabee project, Intel (Nasdaq: INTC) has cancel plans to set out a new-fangled graphics chip based on that technology.

As a substitute, it will make use of the technology as a software development platform for internal as well as external exploit in high-performance computing.

But, Intel has not killed strategy for Larrabee-based graphics chips completely. "Additional plans for detached graphics products will be argued sometime in 2010," Intel representative Nick Knupffer informed to sources.

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