Intel Corp (INTC) took the stage at CES 2026 on Monday to show the world what its manufacturing comeback looks like. The company unveiled Panther Lake, its latest AI laptop processor family, and CEO Lip-Bu Tan had some good news: Intel actually delivered on a major promise ahead of schedule.
Manufacturing Credibility On The Line
Panther Lake represents Intel's first high-volume product built using its 18A manufacturing process, and Tan wasn't shy about the achievement. "I'm pleased to share that we have delivered our commitment on shipping our first 18A products by the end of 2025. In fact, we over-delivered," he said at the Las Vegas trade show.
This matters because Intel has spent years trying to claw back credibility after repeated manufacturing delays and watching competitors eat its lunch. The 18A milestone was a line in the sand, and Tan is making sure everyone knows Intel crossed it early.
The CEO also noted that Intel is ramping production across all three Core Ultra Series 3 chip packages, suggesting the company isn't just showing off a prototype but actually manufacturing these things at scale.
What Makes Panther Lake Different
The new chips, branded as Intel Core Ultra Series 3, feature a redesigned transistor architecture and new power delivery methods that the 18A process enables. Jim Johnson, Intel's senior vice president and general manager of the PC group, highlighted that the processors include a separate graphics chiplet, taking a modular approach that combines multiple mini-chips into a single package.
Performance-wise, Intel claims Panther Lake delivers up to 60% higher performance compared to the previous Lunar Lake Series 2 chips. "It's faster and more efficient than our highest performing skew running fewer pecores," Johnson said.
Breaking Free From TSMC
Here's an important detail: unlike Lunar Lake, which Taiwan Semiconductor Manufacturing Co. (TSM) largely manufactured, Panther Lake is produced using Intel's own advanced process technology. That's the whole point of this exercise—Intel wants to prove it can compete in manufacturing again, not just design chips and hand them off to TSMC.
Intel has previously struggled with chip yields for Panther Lake, though executives say output quality has been improving steadily in the lead-up to this year's launch. Yield issues are normal when ramping new process nodes, but they're worth watching given Intel's recent history.
Gaming Ambitions And Competitive Reality
Intel plans to roll out a handheld gaming platform based on Panther Lake later this year, targeting the growing portable PC gaming market. But the CES spotlight also exposed just how intense the competition has become.
Nvidia Corp (NVDA) CEO Jensen Huang announced that his company's next-generation AI chips, Vera Rubin, are already in "full production" and can deliver up to five times the AI performance of earlier models. That's the kind of claim that makes Intel's 60% performance improvement look modest by comparison.
Price Action: Intel shares gained 0.18% in after-hours trading. Over the past 12 months, the stock has climbed 98.14%.