A gigabyte GA-IBP board was spotted over at CeBIT recently. This is a P55 chipset, socket LGA1156 motherboard, intended for use with the forthcoming Core i5 processor from Intel.

The Core i5 is a Lynnfield processor, whose design is based on the Nehalem Intel Core microarchitecture. The socket for the i5 is different from the Core i7 Bloomfield, which utilizes the LGA1366 socket. The i5 has got 8 MB of Intel Smart Cache, supports Turbo Boost technology, has hyperthreading technology – four cores with the processing capacity of eight discrete threads – and it’s got an integrated memory controller with support for 2-channel DDR3 memory.

With the Core i5, Intel intends to bring the cutting-edge microarchitecture of the Core i7 to consumers at a more affordable price; the mobos should run about $150, and the chips will be introduced at around $200. Also, the P55 chipset motherboards are projected to have a relatively long industry presence, since they’ll support both the 45 nm Lynnfield Core i5s as well as the 32 nm, integrated-GPU Clarksdale CPUs. The new i5 and their motherboards are expected to release sometime during the third quarter of 2009.