Intel Stock (NASDAQ:INTC) Slides as Panther Lake Details Set to Emerge

Just two days ago, we discovered that a list of details about Intel’s (INTC) upcoming line of Panther Lake chips had emerged that might have been more valuable than expected. Things got better from there, as we found out that Intel is planning an official announcement regarding the Panther Lake line for tomorrow. Shareholders may have made the connection here, however, and sent Intel shares lower Wednesday afternoon.

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The report states that Intel wants shareholders to feel better about the upcoming product roadmap and wants to show it accordingly. Given that these will also be part of the first line of products made entirely from the 18A process, this only makes such a spectacle more crucial in the future.

While Intel has lost a lot of ground in the laptop and PC market to its competitors, the Panther Lake line is intended to help regain some of that ground. And with reports of Panther Lake chips consuming 30% less power than the previous generation, as well as a 50% increase in data processing, this could be an interesting proposition and a great demonstration of what the 18A can do.

Capture new customers

Then, more exciting news arrived: Intel released an update for its NPU driver on Linux. That may not mean much on its own, but the implications are actually substantial. Reports indicate that the adjustments are part of a move to support Android PC operations, which should be a reality in 2026.

Alphabet (GOOGL) recently revealed that Android-based laptops would hit the market this year, and Intel’s NPU driver update suggests that Intel will be involved when the Android PC project goes live. Of course, there are doubts about whether Android PCs will be able to compete effectively with the current generation of PCs. The only way to find out will be to buy them from the market.

Is Intel a Buy, Hold or Sell?

As for Wall Street, analysts have a Hold consensus rating on INTC stock based on two Buys, 26 Holds, and five Sells assigned over the past three months, as shown in the chart below. After a 58.44% rise in its stock price over the past year, INTC’s average price target of $26.48 per share implies a downside risk of 28.61%.

See more INTC analyst notes

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