Why Intel stock is moving today: CES Panther Lake launch puts 18A chips in focus
Intel shares rose about 1% to $39.77 Tuesday after the company launched its Panther Lake laptop chips built on its new 18A process at CES. Pre-orders for Core Ultra Series 3 processors opened Jan. 6, with systems on sale from Jan. 27. Investors also watched for U.S. payrolls data due Friday and Intel’s late-January earnings.