Itanic

( n.)

   The  Intel  Itanium, so called in reference to the legendary disaster
   that  was  the Titanic. This term bubbled up in several places on the
   Internet  in  1999  when  it  was  beginning to become clear that the
   Itanium  was  turning  into the most expensive and protracted flop in
   the history of the semiconductor industry.

[glossary]