The company announced Thursday that its Panther Lake processor designs were in full production and would go on sale in laptops early next year. The new chips are made with 18A technology, which Intel said offered advantages that none of its competitors could match yet.
The unveiling follows a furious six-month stretch for CEO Tan Lip-bu. After taking the job in mid-March, he has tried to shake up Intel while also seeking outside help.
Though the deal-making has lifted Intel’s stock price, the company still needs to show that new products will win back lost market share and attract customers to its foundry division – a business that makes chips for outside clients.
The Panther Lake design built on its predecessors’ strengths and eliminated their shortcomings, Intel executives said at a company event in Arizona. The processors would more readily balance a personal computer’s need to run demanding software, such as AI models, without rapidly draining batteries.
