Intel unveiled Panther Lake, its latest AI chip for laptops, during the CES trade show in Las Vegas, aiming to instill confidence in investors regarding its first product created with the new 18A manufacturing process.

Jim Johnson, senior vice president and general manager of Intel's PC division, provided technical insights into the company's initial range of Panther Lake processors called Intel Core Ultra Series 3. The chips incorporate an innovative transistor design and a method for providing power to the chip, thanks to the company's 18A manufacturing technique.

During the event, Intel CEO Lip-Bu Tan stated that the company fulfilled its commitment to deliver its initial products utilizing the 18A manufacturing process in 2025, mentioning the Panther Lake chips.

Intel's previous-generation Lunar Lake processors were primarily produced by TSMC. Intel faces significant stakes as it launches its first high-volume product utilizing 18A technology, aiming to regain market share lost to Advanced Micro Devices.

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Johnson stated that the company has developed an individual graphics chiplet - a small chip connected with other small chips to create an entire processor. Intel announced that the Intel Core Ultra Series 3 chips would provide 60percent improved performance compared to the previous Lunar Lake Series 2.

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Johnson stated that Intel intends to release a handheld video game platform this year, utilizing the Panther Lake designs. Handheld computers created by various manufacturers have become more popular in recent years.

Intel has faced challenges with the yield, or the quantity of functional chips per silicon wafer, for the Panther Lake processors, Reuters revealed last year. Intel executives announced that their yields are enhancing each month and will facilitate the launch this year.

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AMD revealed a multibillion-dollar agreement with OpenAI for its upcoming MI400 chips, with plans to roll out some of them this year. The agreement with the creator of ChatGPT is anticipated to produce billions of dollars in revenue for the chip manufacturer.