IBM will today launch its new Power7 processor along with systems based on the chip.

Zoom

Scheduled to be unveiled today at an event in New York, IBM says the highly anticipated, next generation CPU will boost capacity, throughput, and energy-efficiency.

The Wall Street Journal reports that IBM's Power7 boasts 1.2 billion transistors, eight processing cores and can handle 32 threads. Power7 also packs a myriad of new features such as TurboCore, which IBM says delivers twice the performance per core of the predecessor Power6 Systems. Also present are other "Intelligent Energy" features that help reduce power consumption by as much as 90 percent.

"We feel good comparing it to current products and products we expect to come," Rod Adkins, senior vice president of IBM Systems and Technology, says according to the Wall Street Journal.

Read the full story here.