
IBM Corp. will work with several other businesses, including the recent AMD spinout GlobalFoundries, to create more advanced microchips with smaller features.
The move toward chips with 28-nanometer details is aimed at giant Intel Corp. (NASDAQ: INTC), which is preparing to unveil its own 32-nanometer processors this year.
A nanometer is a billionth of a meter, and a human hair is some 50,000 to 100,000 nanometers across. In semiconductor manufacturing, companies strive to shrink the size of components on their chips, so the smaller the number, the more advanced the technology.

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