Chip maker, Intel has said on Wednesday that it will launch its first Core processors based on the Ivy Bridge microarchitecture in the coming week.

The company said that the first Core processors will be quad-core parts for high-end desktops and laptops. Intel Chief executive Paul Otellini explained that the company will come out with a second launch of this year in which dual-core Ivy Bridge processors will be released for mainstream laptops.

Otellini also said that the computers running on new quad-core chips will be released soon after the launch of the chip. He did not specify the time frame for the launch of Ivy Bridge chips for ultrabooks.

Several manufacturers have already announced ultrabook models with Ivy Bridge processors and that re likely to be released in the coming months.

Otellini had said last year that 22-nm microprocessor family dubbed Ivy Bridge will be offered to allow manufacturers to create more advanced computers and other devices. Most computers sold today are powered by Intel's second-generation Core processors code-named Sandy Bridge and the company has said that it will come out with the processors based on the Ivy Bridge next week.