Intel going to mostly Dual Cores by 2006?

This should be an interesting development that is slated for late 2006. They seem to be joining AMD in the dual core chip market.

Earlier this year, Otellini announced that Merom, Conroe, and Woodcrest were the code names for Intel's next generation of multicore processors slated for late 2006, but he declined to discuss them in detail.

That means that these new chips would have to use double the amount of cores. Thus Intel will need to increase spending on the different items that go into the manufacturing process. So the need for those machines will bring up the bottom lines on the Applied Materials (AMAT) and KLA Tencors (KLAC) of the world. I'm putting the iShares Goldman Sachs Semiconductor ETF (IGW) on my watch list.