Final answer:
Hybrid processors capable of processing both 32 bits and 64 bits are referred to as 64/32 Processors, enabling them to switch between 32-bit and 64-bit software applications.
Step-by-step explanation:
Hybrid processors that can process both 32 bits and 64 bits are known by the term 64/32 Processor. These processors have the capability to switch between the two modes, allowing them to run software that is designed for either 32-bit or 64-bit architectures. This flexibility is particularly useful for users who need to run legacy applications that are not available in 64-bit versions. However, when these processors operate in 32-bit mode, they cannot utilize the full potential of 64-bit processing, such as accessing more memory.