Intel announced Sunday that is has chosen the name "Atom" for a new family of ultra-small chips.
The other, code-named Diamondville, is a single-core processor for ultra-low-cost laptops. Intel refers to the low-cost notebook design as "netbook" and estimates the pricing for these devices will go as low as $250. Diamondville is a tiny 45-nanometer processor that employs a simpler design than standard Intel processors,
Intel also rebranded its Menlow chip as the Centrino Atom--a low-power companion chip with integrated graphics, a wireless radio, as well as thinner and lighter designs.