Client computing (Core Ultra PCs)
CCPG revenue rose 13% to $8.9B in Q2 2026, and Panther Lake (Core Ultra Series 3) entered high-volume manufacturing for a subset of processors.
The numbers
What it is
Intel's PC processor business, which includes Core Ultra laptop and desktop chips. Panther Lake (Core Ultra Series 3) is the first AI PC platform built on Intel 18A.
Why it matters to the stock. This is still the largest segment by revenue. Its growth rate shows whether Intel can win back PC share and whether its 18A process works at volume.
News
Intel commits EUR 5 billion to expand Intel 3 capacity for Xeon 6
Intel announced a 5 billion euro investment to expand manufacturing capacity on Intel 3, which will increase production of Xeon 6 and next-generation Xeon processors.
Intel launches Xeon 6+ on 18A and unveils rack-scale AI systems at Computex
At Computex in Taipei on June 2, 2026, Intel launched Xeon 6+ server processors built on its 18A process and announced rack-scale AI infrastructure with SambaNova and a disaggregated inference cloud.
Intel appoints Alex Katouzian to lead Client Computing and Physical AI Group; Pushkar Ranade named CTO
Intel named Alex Katouzian executive vice president and general manager of the Client Computing and Physical AI Group, reporting to CEO Lip-Bu Tan.
Intel Reports First-Quarter 2026 Financial Results
Intel reported first-quarter 2026 revenue of $13.6 billion, up 7% year over year, and non-GAAP EPS of $0.29 attributable to Intel.
Intel Q4 2025 beats, but Q1 2026 revenue guidance of $11.7B-$12.7B misses
Intel reported Q4 2025 revenue of $13.7 billion, down 4% year over year, and non-GAAP EPS of $0.15.
Intel unveils Panther Lake, its first Core Ultra chips built on 18A
Intel launched Core Ultra Series 3 (codename Panther Lake) at CES, the first client processors made on its 18A process.