not true, some of the most powerful CPUs in the world have tons of cache (some IBM machines have crazy specs, but ofc, they are not x86 cpus), much more than 16 MB so that they can load huge chunks of data straight into the cpu. It's good to have lots of cache, if you can put it to good use.
I was actually thinking, cache need will increase in the future, because as the cpu gets faster, more data is being processed so big amounts of cache will be required.
16 MB of cache for 8 cores doesn't sound bad, I7s and Phenoms have 8-9 MB of total cache for 4 cores or 6, 16 MB for 8 looks just like a normal evolution to me.
it's 1MB of L2 for each core, 2MB per module and an extra of 8MB L3 shared among 8 cores, 1MB per core, which doesn't seem that much. I7 quads have 6 MB L3 for 4 cores, 1.5 MB per core, higher ratio than what bulldozer will have.
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