Clock speed vs CPU speed has become quite a marketing game. See for instance
http://www.computeruser.com/articles...1,0801,03.html
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Back in 2001, AMD changed its CPU model numbering to reflect performance levels as opposed to actual clock speeds.
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From an Electromagnetic interference standpoint, the speed of the clock signal is probably not going to be as important as the speed that the bus operates at, as the clock would feed only one pin on the CPU, and the bus would feed long wires which radiate better.
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As of this writing, the current speed demons are the AMD Athlon XP 3200+ and Intel Pentium 4 3.0GHz. The 3200+, based on the AMD's Barton core, is a 2.2GHz CPU that runs on a 400MHz FSB, features 512K of L2 cache, and is built on a 0.13-micron copper fabrication process. Intel's 3.0GHz CPU operates on an 800MHz, quad-pumped FSB, and features 512 KB of full-speed L2 cache and is built on 0.13-micron technology.
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It is quite true that a CPU has to be shielded to avoid interference with TV's. The fast rise-times of signals in CPU's allow them to radiate multiple harmonics of the fundamental frequency. Problems with interference are not unheard of in the real world - sometimes this is due to poor shielding on the CPU, sometimes it's due to the TV being sensitve to signals outside the broadcast band range.
For completeness, I ought to look up the TV broadcast bands, but I have to run to the store before they close.