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At San Francisco conference, chipmaker is offering a peek at the processor code-named Poulson, whose improvements include better power management.
The software and server company says Intel itself maintains that the server chip family is "nearing the end of its life," though Intel and Hewlett-Packard say Oracle is dead wrong.
As the processor underpinning Hewlett-Packard's Integrity line, Itanium remains an important component that can't be easily replaced.
Chipmaker delays a high-end server processor originally expected as long ago as 2007.
Everyone's favorite whipping boy, Intel's Itanium server processor, is still on the road map well into the next decade.