Factors allowing overclocking

Overclockability arises in part due to the economics of the manufacturing processes of CPUs. In most cases, CPUs with different rated clock speeds are manufactured via exactly the same process. The clock speed that the CPU is rated for is at or below the speed at which the CPU has passed the manufacturer's functionality tests when operating in worst-case conditions (for example, the highest allowed temperature and lowest allowed supply voltage). Manufacturers must also leave additional margin for reasons discussed below. Sometimes manufacturers have an excess of similarly high-performing parts and cannot sell them all at the flagship price, so some are marked as medium-speed chips to be sold for medium prices. The performance of a given CPU stepping usually does not vary as widely as the marketing clock levels^{[citation needed]}.

When a manufacturer rates a chip for a certain speed, it must ensure that the chip functions properly at that speed over the entire range of allowed operating conditions. When overclocking a system, the operating conditions are usually tightly controlled, making the manufacturer's margin available as free headroom. Other system components are generally designed with margins for similar reasons; overclocked systems absorb this designed headroom and operate at lower tolerances. Pentium architect Bob Colwell calls overclocking an "uncontrolled experiment in better-than-worst-case system operation".^[8]

Some of what appears to be spare margin is actually required for proper operation of a processor throughout its lifetime. As semiconductor devices age, various effects such as hot carrier injection, negative bias thermal instability and electromigration reduce circuit performance. When overclocking a new chip it is possible to take advantage of this margin, but as the chip ages this can result in situations where a processor that has operated correctly at overclocked speeds for years spontaneously fails to operate at those same speeds later. If the overclocker is not actively testing for system stability when these effects become significant, errors encountered are likely to be blamed on sources other than the overclocking.