ThinkSecret reports that a dual-core processor code-named "Antares" is in the works at IBM.
The new processor, officially dubbed the PowerPC 970MP, will provide two interconnected microprocessors each with its own 1MB L2 Cache. In comparison, the current 970FX has only 512KB of L2 cache.
Apple is said to have already committed to their use in future Mac products. Timeframe of new products is "sometime in 2005".