Moorestown chips are designed for Mobile Internet Devices and are expected to consume significantly less power than Intel's current Atom chips Intel showed a short video of the first working Moorestown chips to come out of its factories at the Intel Developer Forum in Taipei on Monday.The video, which said the chips were three days old, showed a validation board with the chips running in an Intel lab and was played during a keynote speech by Anand Chandrasekher, senior vice president and general manager of Intel’s Ultra Mobility Group.[ Get the latest on mobile developments with InfoWorld’s Mobile Report newsletter. ] Moorestown is designed for handheld, portable computers that Intel calls Mobile Internet Devices (MIDs). The platform consists of Lincroft, a system-on-chip built around an Atom processor core, and the Langwell chipset, as well as optional modules for WiMax and high-speed cellular access.The chips are expected to consume significantly less power than Intel’s current Atom chips designed for MIDs.Intel plans to release Moorestown during late 2009 or 2010. Technology Industry