IBM PowerPC Announcement: 64-Bit, 1.8GHz - MacRumors
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IBM PowerPC Announcement: 64-Bit, 1.8GHz

This Forbes article (courtesy of MacSurfer) brings us the first news of IBM's new PowerPC Chip that has been speculated about for the past few weeks. According to the article (which references a Monday announcement), the new chip is due in late 2003 and will start at 1.8GHz.

Meanwhile, rumors of Apple involvement continues... but no official stance just yet:

    An industry source said Cupertino, California-based Apple would use the chip in its Macintosh computers.

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