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There's little doubt that AMD's K8 Athlon64 processor is currently the fastest architecture available. The Athlon64 architecture is superior to Intel's Netburst (the architecture that drives the Pentium 4) in every which way, and Intel's band-aid fixes have not been enough to keep up with the perpetual underdog from Austin. It's true that Intel does have a real winner with its Pentium M and Pentium III pedigreed Core Duo, but these are primarily mobile CPUs, and consequently beyond the scope of what I'll be speaking on.
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