A completely reimagined computer chip from Intel drinks 10 times less power -- and puts the full Internet in the palm of your hand.

Martin Reynolds, a vice president at Gartner Inc., says that while the Atom won't rival desktop chips for speed or power, it's certainly quick enough to do what it was designed to do -- and, he adds, it's "really cheap." Its teeny transistors allow Intel to pack memory and basic system controllers into one package. "That means all the complicated work you do on a circuit board can now occur in a chip. This will make the devices smaller."