Multi-core processing involves a single computing component with two or more independent cores that enhance computer performance by improving turnaround time and increasing throughput for tasks like transaction processing. Integrated circuit technologies are categorized into SSI, MSI, LSI, VLSI, and ULSI, with each level incorporating varying numbers of transistors and examples like the 7400 TTL series and CPUs. Intel's IC fabrication technology employs techniques such as doping, lithography, and mass fabrication to produce microprocessors and memory chips with millions of transistors.