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Intel's Panther Lake Chip Boosts U.S. Manufacturing, Stocks Soar

1/13/2026

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Story summary
  • Pat Gelsinger, former Intel chief executive, highlighted the Panther Lake chip launch at CES as a milestone in U.S. manufacturing.
  • The Panther Lake chip uses an 18A process and aims to restore Intel's leadership, attracting AMD and NVIDIA to its foundries.
  • Gelsinger said U.S. government policies, including tariffs, are critical to enabling this effort.
  • Intel stock surged 94% after government investment, signaling strong market interest in its future.