Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025.
Laure Andrillon | Reuters
Intel on Thursday announced its new PC chips slated to debut in laptops next year as the chipmaker battles to turn around its struggling business.
The company said the new Panther Lake processor is made with its 18A technology and is the most advanced node made on U.S. soil.
The new generation of chips will be made at Intel’s Fab 52 facility in Arizona, which the company said is now fully operational and set to ramp production.
“The United States has always been home to Intel’s most advanced R&D, product design and manufacturing – and we are proud to build on this legacy as we expand our domestic operations and bring new 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 years and struggled to keep up with cutting-edge chip demands spurred by the artificial intelligence revolution.
In August, the U.S. government took a 10% stake in the company 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 changed his tone.
Intel shares have bounced 87% this year.
Intel year-to-date stock chart.
