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Intel's Latest Processors Are the Product of a Cautious Strategy That Could Backfire

Though providing some meaningful improvements over the PC CPUs Intel (INTC) launched last year, the company's latest microprocessor line is unlikely to do much to boost flagging PC sales. And from a technology standpoint, the chips may be more notable for what they don't feature than what they do.

Today, Intel unveiled the first processors based on its Kaby Lake platform, which succeeds the Skylake line launched a year ago. The company promises up to a 12% increase in productivity performance and a 19% increase in web performance...