The new chip will also include NFC support, the ability to support mobile device cameras with a maximum 8-megapixel sensor, and integrated graphics with hardware acceleration support for 1080p video. The Z2760 can also support an internal and external display at the same time, and supports Internet connections over Wi-Fi, 3G, and 4G LTE networks.

Intel is also saying the new Atom chip can allow manufacturers to create devices that are as thin as 0.33 inches and as light as 1.5 pounds. That's a little bit thinner and heavier than what Apple offers with its Wi-fi/Cellular iPad that features a depth of 0.37-inches and a weight around 1.46 pounds.

Intel vs Arm on Windows

For the new Windows 8 ecosystem, there will actually be two flavors of the OS to choose from: Windows 8 and Windows RT. Windows 8 will appear in any device running an x86-based processor. Windows RT, meanwhile, is the OS version for ARM-based tablets that rely on the new touch-friendly Windows 8 UI (formerly known as Metro). Windows RT will still include a traditional desktop interface option, but it will be buried in the OS, and it won't be able to run legacy third-party apps such as Photoshop or browsers like Mozilla Firefox. To alleviate this pain point, Microsoft says Windows RT will offer a free version of Office as well as Internet Explorer for accessing the Web.

As for Windows 8 tablets running on Intel silicon, they'll theoretically offer full compatibility with Windows legacy technology, including current desktop applications, and peripherals such as printers and cameras. These could be handy advantages if you want them, but it's not clear if people are clamoring to use Quicken on a tiny touchscreen, or print directly from their tablets.