US Stock Market Move | Release of the new Intel Corporation Core Ultra processor INTC.US) surged more than 8% in pre-market trading.

date
21:53 17/01/2025
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GMT Eight
On Friday, Intel (INTC.US) rose over 8% in pre-market trading, reaching $21.33 per share.
On Friday, Intel Corporation (INTC.US) saw its stock rise by over 8% in pre-market trading, reaching $21.33. On the news front, Intel Corporation announced the release of the new Intel Corporation Core Ultra processor (2nd generation) at the International Consumer Electronics Show (CES 2025), bringing a revolution in mobile computing for businesses, creators, and gamers. The latest products in the Intel Corporation Core Ultra series have groundbreaking AI function enhancements, along with increased efficiency and performance. The Intel Corporation Core Ultra processor is setting new benchmarks for mobile AI and graphics technologies, providing further evidence of the exceptional performance and efficiency brought by the x86 architecture in shaping the future of personal computing. By combining the advantages of Intel Corporation's AI PC product innovation with the breadth and scale of our hardware and software ecosystem in all market segments, we are offering users a better experience in traditional productivity, creativity, and communication using PCs, as well as introducing over 400 new AI-related features. Intel Corporation will continue to drive the development of its AI PC product portfolio in 2025, and will begin volume production in the second half of 2025 to showcase products utilizing Intel Corporation's 18A process technology to customers.