Intel’s CEO Lip-Bu Tan speaks at the corporate’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025.
Laure Andrillon | Reuters
Intel on Thursday announced its recent PC chips slated to debut in laptops next 12 months because the chipmaker battles to show around its struggling business.
The corporate said the brand new Panther Lake processor is made with its 18A technology and is essentially the most advanced node made on U.S. soil.
The brand new generation of chips will likely be made at Intel’s Fab 52 facility in Arizona, which the corporate said is now fully operational and set to ramp production.
“The USA has all the time been home to Intel’s most advanced R&D, product design and manufacturing – and we’re proud to construct on this legacy as we expand our domestic operations and produce recent innovations to the market,” CEO Lip-Bu Tan said in a release announcing the news.
Intel’s latest reveal comes during a critical stretch for the beleaguered chipmaker that has lagged in recent times and struggled to maintain up with cutting-edge chip demands spurred by the factitious intelligence revolution.
In August, the U.S. government took a ten% stake in the corporate in an effort to beef up U.S. manufacturing capabilities. Intel has also received investments from SoftBank and AI chipmaking giant Nvidia.
Since taking the helm of Intel in March, Tan has faced massive pressure to deliver.
This summer, President Donald Trump called Tan “highly CONFLICTED” and demanded his resignation, but later modified his tone.
Intel shares have bounced 87% this 12 months.
Intel year-to-date stock chart.
