The chip would provide 68% better performance than existing Intel single-core notebook chips, according to the company.

Yonah-powered machines would be able to run multiple applications at once, such as a VoIP call and an online game. The chip also promises to consume only 3 watts of average power versus the 4.2 watt average for current notebooks, Intel said.

Yonah also promises to reduce the silicon component size within a notebook by as much as 30%, which means more compact machines, said Santa Clara, California-based Intel.

Yonah will form the basis of Intel’s next Centrino bundle of chips, which will include the Intel 945 mobile chipset.

Intel said it also plans to release its new consumer PC chip, called Viiv, in the first quarter of next year.