The current Atom chip setup uses three chips with graphics and the memory controller on their own chip. The updated version called Pineview uses the Pine Trail platform which will only use two chips. A netbook can either its own integrated graphics or work with third-party graphics chips such as Nvidia's Ion. ZDNet UK's Matthew Broersma has more on Intel's netbook upgrades.
Photo credit: Intel (click on any image to enlarge)
Intel also launched the beta of version 2.0 of the Linux-based Moblin netbook platform and included a new interface.
The new M-zone replaces the desktop.
Here's a timeline for Moblin showing the goals it has already reached.