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Reuters
Reuters
Business
Stephen Nellis

Intel releases new laptop chips to confront rising rivals

FILE PHOTO: U.S. chipmaker Intel Corp's logo is seen on their "smart building" in Petah Tikva, near Tel Aviv, Israel December 15, 2019. Picture taken December 15, 2019. REUTERS/Amir Cohen

Intel Corp <INTC.O> on Wednesday unveiled "Tiger Lake," the 11th generation version of its flagship chip for laptops.

The company said the chips use a new manufacturing technique and other tweaks that will make them more powerful at tasks such as using artificial intelligence to reduce background noise during video calls.

The company said it worked with laptop makers including Dell Technologies <DELL.N> and Samsung Electronics Co Ltd <005930.KS> and that there will be 50 different machines from different makers available for the holiday shopping season.

The Tiger Lake processors come as Intel, one of the few chip companies that both designs and makes its own chips, has struggled with manufacturing delays. The company has started to lose market share to rivals such as Advanced Micro Devices Inc <AMD.O> that use outside manufacturers such as Taiwan Semiconductor Manufacturing Co <2330.TW>.

(Reporting by Munsif Vengattil in Bengaluru and Stephen Nellis in San Francisco; Editing by Arun Koyyur and Tom Brown)

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