The latest mobile-related rivalry kicked off this week when Intel announced ^[1] it is shifting the “center” of its operation from PC processors to smaller, more power efficient chips aimed at the mobile market, where UK chip maker ARM now dominates. It’s a move as significant as Intel’s introduction of Pentium processors way back in the dark ages of the 1990s.

CEO Paul Otellini also said the company was accelerating its development—to about twice the speed of Moore’s Law ^[2], which holds that the number of transistors per square inch on integrated circuits doubles every two years.

Is this a threat to ARM, which currently dominates the mobile market? Not so much, industry analysts predict. But Intel must be feeling pretty good anyway. The company also announced this week it is increasing its quarterly dividend ^[3] by 16 percent, its second increase in six months.

Read more from ComputerWorld ^[1].