Overview
- Intel unveiled its Core Ultra Series 3 at CES, with preorders opening Jan. 6 and first systems slated for global shelves Jan. 27.
- The mobile lineup features up to 16 CPU cores and an NPU rated up to 50 TOPS, and Intel expects more than 200 PC designs.
- Nvidia completed a $5 billion purchase of Intel shares on Dec. 29, and the companies agreed to co-develop chips for PCs and data centers.
- Intel shares notched fresh 52-week highs after gains of roughly 6%–9%, and Melius Research raised its rating to Buy with a $50 price target.
- Executives say 18A yields are improving month by month, and the U.S. government’s nearly $10 billion investment remains a key financial backstop.