Six months after Lip-Bu Tan’s began his quest to turn around struggling Intel, the semiconductor giant has announced a major hardware upgrade. On Thursday, Intel unveiled a new processor, codenamed Panther Lake. This marks the next generation of the company’s Intel Core Ultra processor family and is the first chip built using Intel’s 18A semiconductor process. The processors are expected to begin shipping later this year and are being produced at Intel’s Chandler, Arizona, Fab 52 facility, which came online in 2024. “We are entering an exciting new era of computing, made possible by great leaps forward in semiconductor technology that will shape the future for decades to come,” Tan said in a company press release. “Our next-gen compute platforms, combined with our leading-edge process technology, manufacturing, and advanced packaging capabilities, are catalysts for innovation across our business as we build a new Intel.” Separately, Intel also previewed its Xeon 6+, codenamed Clearwater Forest, which is the company’s first 18A-based server processor. Intel predicts this will launch in the first half of 2026. This is the company’s largest manufacturing announcement since Tan took over as Intel’s CEO in March. In his first few weeks, Tan made clear he would refocus the company on its core businesses and restore its engineering-first culture. The announcement also emphasizes the 18A semiconductor’s ties to the U.S. The company’s press release highlighted that this is the most advanced chip manufacturing process produced domestically. Techcrunch event Join 10k+ tech and VC leaders for growth and connections at Disrupt 2025 Netflix, Box, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, Vinod Khosla — just some of the 250+ heavy hitters leading 200+ sessions designed to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch, and a chance to learn from the top voices in tech. Grab your ticket before doors open to save up to $444. Join 10k+ tech and VC leaders for growth and connections at Disrupt 2025 Netflix, Box, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, Vinod Khosla — just some of the 250+ heavy hitters leading 200+ sessions designed to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss a chance to learn from the top voices in tech. Grab your ticket before doors open to save up to $444. San Francisco | REGISTER NOW “The United States has always been home to Intel’s most advanced R&D, product design, and manufacturing — and we are proud to build on this legacy as we expand our domestic operations and bring new innovations to the market,” Tan said in the release. The U.S. government took a 10% equity stake in Intel in August just weeks after Tan and President Donald Trump met at the White House to discuss how Intel and the government could work together to bring semiconductor manufacturing back to the U.S. TechCrunch reached out to Intel for more information.