Intel's 'Panther Lake' CPUs remain on track amid massive layoffs

Intel said Thursday that the company's next big CPU bet, Panther Lake, remains on track to begin shipping this year, and the supporting 18A manufacturing process has already entered production. However, Intel plans to end 2025 with just 75,000 employees as it continues reducing its workforce. Intel chief executive Lip-Bu Tan also characterized Intel's move away from hyperthreading, begun with its "Arrow Lake" chip, as a mistake. As Intel reported earnings for the second quarter of 2025, the comp...