The z196 microprocessor is a chip made by IBM for their zEnterprise 196 and zEnterprise 114 mainframe computers, announced on July 22, 2010. The processor was developed over a three-year time span by IBM engineers from Poughkeepsie, New York; Austin, Texas; and Böblingen, Germany at a cost of US$1.5 billion. Manufactured at IBM's Fishkill, New York fabrication plant, the processor began shipping on September 10, 2010. IBM stated that it was the world's fastest microprocessor at the time.