Intel has given its Pentium 4 line a trivial speed bump from 3.06GHz to 3.2GHz, and this could be the end of the line. (What remains is to drive the price down over the next 12-18 months until 3.2GHz reaches the bottom of the P4 range.) The next version, code-named Prescott, could be out later this year -- leading PC manufacturers already have samples. Prescott has some new instructions (PNI) and improved hyperthreading, and is expected to go up to 5GHz. Since the P4 has been around for a long time now, it could well be sold as the Pentium 5.
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Intel bumps Pentium 4 to 3.2GHz
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