$Intel (INTC.US)$ shares traded lower on Monday. The company unveiled new AI PC processors at CES 2025.
What Happened: Intel has unveiled a new suite of Intel Core Ultra (Series 2) processors aimed at revolutionizing mobile computing for businesses, creators and enthusiast gamers. Intel's latest processors come packed with AI enhancements, increased efficiency and performance improvements.
"The strength of our AI PC product innovation, combined with the breadth and scale of our hardware and software ecosystem across all segments of the market, is empowering users with a better experience in the traditional ways we use PCs for productivity, creation and communication, while opening up completely new capabilities with over 400 AI features," said Michelle Johnston Holthaus, interim co-CEO of Intel and CEO of Intel Products.
"And Intel is only going to continue bolstering its AI PC product portfolio in 2025 and beyond as we sample our lead Intel 18A product to customers now ahead of volume production in the second half of 2025."
Intel unveiled new Ultra 2000V series mobile processors for businesses, Core Ultra 200HX and H series mobile processors for AI acceleration, Core Ultra 200U series mobile processors for mobile users, a new Core Ultra 200S series desktop processor portfolio and processors for edge computing. The company also provided updates on its 18A manufacturing and next-generation processor family.
Intel noted that its partnership with Microsoft on Copilot+ PCs aims to continue to advance AI-driven innovation, enhanced security and superior performance into 2025.
Intel Core Ultra 200V series-powered systems with the Intel vPro platform are available at online and in-store retailers as of Monday. Intel Core Ultra 200H and U series-powered systems are expected to become available in February. Intel Core Ultra 200HX series-powered systems are expected to become available in the first half of 2025. Intel Core Ultra 200S series desktop processors and OEM systems will be available through online and in-store retailers beginning Jan. 13.
INTC Price Action: Intel shares initially traded higher Monday morning before pulling back. The stock closed Monday down 3.36% at $19.87, according to Benzinga Pro.
