
Intel To Reportedly Unveil Details Of Upcoming Laptop Chip This Week

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Intel Corporation is set to unveil details of its upcoming laptop chip, Panther Lake, on Thursday. This chip, manufactured using the new 18A process, aims to regain market share from AMD. Expected to be 30% more energy-efficient and 50% faster in data processing, Panther Lake is crucial for Intel's strategy. The company's stock has surged nearly 52% recently, boosting the U.S. government's stake in Intel to about $16 billion. Intel is also exploring adding AMD as a foundry customer, indicating a potential turnaround in its fortunes.
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