Overview
- Intel closed nearly 9% higher at a 52-week high of $44.04 after unveiling its next-gen laptop chips at CES and outlining a partnership with Nvidia.
- Core Ultra Series 3 (Panther Lake) is Intel’s first 18A laptop line, featuring a stitched graphics chiplet, up to 16 CPU cores, and an NPU rated up to 50 TOPS.
- Preorders began January 6, with the first systems due in stores worldwide on January 27 and broader designs rolling out through the first half of 2026.
- Nvidia completed a $5 billion purchase of 214,776,632 Intel shares at $23.28 on December 29, alongside plans to pair Intel x86 CPUs with Nvidia GPUs for AI systems.
- Intel executives said Panther Lake yields are improving monthly, and Melius Research upgraded the stock to Buy with a $50 price target.