IBM has jumped past Intel, and says that they have solved the problem of scaling chips down to 22nm. Intel currently has plans to go to 32nm in 2009, and 22nm in 2011. If this is true it means that manufacturers have another two years to figure out how to make 16nm chips based on Intel’s tick-tock cycle.
http://www.pcauthority.com.au/News/123142,ibm-unveils-technology-for-22nm-chips.aspx
