Intel's Panther Lake appears in public for the first time — what we know about the new chip
It's no secret that Intel has struggled the last couple of years, with even the U.S. government considering stepping in to ensure the company survives.
So, it's a bit of a big deal that Intel appears excited about its upcoming Panther Lake CPU, which was shown to the public for the first time in Germany.
The new system-on-chips were seen by the German publication PC Games Hardware (via Wccftech) during the Embedded World 2025 event.
This marks our first look at the Intel Core Ultra 300 mobile platform and, as more information comes out, what Intel's new 18A process will look like.
If Intel is to dig out of its hole, the 18A process and Panther Lake need to be successful. The Panther Lake-H lineup will reportedly be the first entry, followed by HX variants at a later date.
According to reports, the Core Ultra 300 lineup will feature Cougar Cove P-Cores and Skymont E-Cores. The iGPU is supposedly going to feature Xe3, an Xe architecture update which Wccf says is codenamed Celestial.
Apparently, the new chips will have up to 16 cores and hit 180 TOPS for AI power. For reference, Microsoft currently requires PCs to hit 40 TOPs to be considered a Copilot Plus PC.
Intel has a lot of competition in the CPU space now, as Qualcomm is building its own ARM-based chips and TSMC seems ready to take over the entire chip world from phones to laptops and everything in between. So, a strong debut for Panther Lake almost feels necessary.
During Computex 2024, Intel confirmed that the Panther Lake series would launch in the second half of 2025. Though consumer devices might not launch until 2026.
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CNN
43 minutes ago
- CNN
The Trump administration confirms it's seeking a stake in Intel. Why? It depends who you ask
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they gave different answers about what the Trump administration sought to do with that stake. Such a deal, if it were to happen, would mark an unusual arrangement that would see the Trump administration use taxpayer money to take a stake in a private American business. In an interview with CNBC Tuesday morning, Bessent suggested a deal like this would be about boosting an American tech company, rather than making money from Intel. When asked whether taking a stake in Intel would mean convincing US companies to purchase chips from the tech giant, Bessent said any investment in Intel would be intended to 'help stabilize the company for chip production here in the US.' 'The last thing we're going to do is put pressure, is take the stake and then try to drum up business,' he said, adding that it would be a 'conversion of the grant,' likely referencing reports from Bloomberg, The New York Times and The Wall Street Journal indicating that the administration could convert grants from the CHIPS and Science Act into an equity stake. The reports indicate that the administration is weighing a 10% stake in Intel. Bloomberg first reported the discussions last week. 'There's no talk of trying to force companies to buy from Intel,' he said, adding that reliance on Taiwan for chips, where the majority of the world's chips are made, is a 'national security concern.' 'For national security, we have to stop that single point of failure,' he said. Lutnick reiterated that stance, telling CNBC later on Tuesday morning that shifting chipmaking to the United States instead of relying on Taiwan is a priority, both for the economy and for security. But he also said Trump believes the government should get a return on its investment, rather than doling out grants to major tech companies. He said that the Biden administration, through the bipartisan CHIPS act, was 'was literally giving Intel [money] – for free.' 'Donald Trump turns that into saying, 'Hey, we want equity for the money,'' Lutnick said. 'America should get the benefit of the bargain. I mean, that is exactly Donald Trump's perspective, which is: 'Why are we giving a company worth $100 billion this kind of money?'' Intel declined to comment on reports of such a deal when approached by CNN last week, but said it 'is deeply committed to supporting President Trump's efforts to strengthen U.S. technology and manufacturing leadership.' 'We look forward to continuing our work with the Trump Administration to advance these shared priorities, but we are not going to comment on rumors or speculation,' the spokesperson said in a statement. 'Discussion about hypothetical deals should be regarded as speculation unless officially announced by the Administration,' White House spokesman Kush Desai said in a statement to CNN last week. The reports and Bessent's comments also come after chipmakers Nvidia and AMD said they would pay 15% from their chip sales in China to the government in exchange for export licenses. If the government does take a stake in Intel, it could also serve as a model for other Trump administration investments, two people familiar with the White House discussions on the matter told CNN last week. President Donald Trump met with Intel CEO Lip-Bu Tan last week after calling for the tech executive's resignation over allegations about his links to China. Intel has fallen behind in the chip race after losing to rivals like Qualcomm and Nvidia on the shift to mobile and AI. The chipmaker said last month that it had mostly completed plans to lay off 15% of its staff. Trump has pushed to revive manufacturing in the United States and cement America as a leader in the tech sector, two goals that have been a cornerstone of his presidency thus far. He's touted major investments from companies like Apple, TSMC and Nvidia to expand their US operations as political wins, although these companies have invested in broadening their US presence before his second term. CNN's Phil Mattingly and Clare Duffy contributed to this report. This story has been updated with additional information and developments.
Gizmodo
an hour ago
- Gizmodo
Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies' Like Intel
The U.S. government could get a 10% equity stake in Intel in exchange for more funds from the CHIPS Act, according to Commerce Secretary Howard Lutnick, who appeared on CNBC Tuesday. Lutnick was pressed about whether that would be a worse deal than what Intel had previously received under the Biden-era manufacturing plan, and the commerce secretary seemed more than happy to acknowledge it was. 'Of course it's worse, of course it's worse…' Lutnick said, laughing. CNBC host David Faber asked if that made it difficult for U.S.-based tech giant Intel to actually compete against companies like Taiwan-based TSMC—a concern because chip manufacturers overseas are eating Intel's lunch. But Lutnick didn't buy the argument. 'The CHIPS Act was just a giveaway to rich companies,' Lutnick said. 'I mean, why in the world is the United States of America taking money and giving it to companies like TSMC, which is worth a trillion dollars? I mean, why would we give them money to come to America?' The CHIPS Act passed with bipartisan support in 2022 and allocated $39 billion for subsidies in an effort to spur chip manufacturing in the U.S. and better compete with China. TSMC received $6.6 billion in grants to expand chip production in the U.S. under the law, while Intel has received about $7.9 billion, according to CNBC. Intel has struggled in recent years, announcing plans last month to lay off about 15% of its staff and dramatically slowing its expansion, which means much of the money it has available hasn't been handed over yet under the terms of the legislation. Lutnick insisted that Trump has secured better deals with technology companies, while Biden has been just handing out money without getting more for the U.S. government. The commerce secretary said he wanted Intel to succeed, but it was going to come with strings. 'The Biden administration literally was giving Intel for free and giving TSMC money for free,' Lutnick said. 'And all these companies just giving them money for free. And Donald Trump turns that into saying, 'Hey, we want equity for the money. If we're going to give you the money, we want a piece of the action for the American taxpayer.'' The New York Times notes that turning $10.86 billion in grants for Intel into equity (about 10% of Intel's $100 billion worth), would be one of the largest U.S. government interventions into private industry since the 2008 financial crisis, when the government poured billions into Chrysler and General Motors to save auto manufacturing jobs. Lutnick was asked if the government would get any governance role in Intel with a 10% stake, and he said they would not. In fact, he treated it as a ridiculous question, insisting 'we're just converting what was a grant under Biden into equity.' But it's not a ridiculous question, and Faber pointed out the government received a 'golden share' on the U.S. Steel deal, which allows Trump to veto corporate decisions he doesn't like. That kind of intervention obviously makes Wall Street a little nervous. CNBC host Carl Quintanilla read excerpts from a recent Wall Street Journal editorial titled 'The Nationalization of Intel,' which referred to the Trump regime's plans as 'corporate statism.' From the article: Details of that potential investment are vague, but you can bet the feds wouldn't be passive investors. Intel's stock rallied last week on the news, perhaps because investors figure the company will now be too big to fail. They're probably right. Once the government acquires a stake in Intel, the politicians will have an incentive to keep pouring on subsidies so they wouldn't have to admit a mistake. At the same time, the Administration's conditions for the equity investment may also make it harder for Intel to undertake needed changes to become more competitive. Politicians don't like to preside over plant closures or employee layoffs. See Renault, the French car maker, for that political lesson. Lutnick just laughed it off, indignantly pointing out that 'we were just giving away the money' under the previous terms of the CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times. President Trump has leaned heavily on Intel, firing off a post on Truth Social about CEO Lip-Bu Tan and his alleged links to China. The president even called for Tan's resignation, saying there was 'no other solution to this problem,' but seemed to back off that demand last week after meeting with the CEO. Lutnick insisted on CNBC that Trump's approach was necessary and much better than anything Biden had accomplished, a common refrain among Trump's supporters. 'How could that not be smarter, better, and more important for the American taxpayer than just free money for $100 billion, trillion-dollar companies… makes no sense. Donald Trump is fixing what Biden got completely, totally, and utterly wrong,' Lutnick said.
Yahoo
an hour ago
- Yahoo
Intel stock rises, report of new Nvidia chip for China, Air Canada strike
Yahoo Finance's John Hyland tracks Tuesday's top moving stocks and market stories in this Market Minute. Intel (INTC) rises after US Commerce Secretary Howard Lutnick told CNBC the US should get an equity stake in exchange for CHIPS Act funds. Nvidia (NVDA) is developing a new chip for China, reportedly more powerful than its current H20 model, according to Reuters. Air Canada ( will resume flights after striking a deal with flight attendants, ending a three-day walkout that canceled nearly 3,000 flights. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. This is your Yahoo! Finance Market Minute. I'm John Highland. US stocks swinging between gains and losses today as investors await commentary from Fed officials and Jackson Hole ahead of meeting out of Fed minutes tomorrow. Plus, Commerce Secretary Howard Letnik telling CNBC that Intel must give the government an equity stake in return for CHIPs Act funds. Shares currently on the rise after SoftBank earlier announced a $2 billion investment in the company. Meanwhile, NVIDIA is developing a new chip for China that's said to be more powerful than the H20 model it's currently allowed to sell there. That's according to a Reuters report that cited two people briefed on the matter. And Air Canada will restart flights tonight after reaching a deal with flight attendants to end a three-day walkout that led to nearly 3,000 flight cancellations. More than 10,000 flight attendants walked off the job on Saturday over wage and compensation disputes. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best- and worst-performing stocks of the trading session.
