Intel collaborating with HP to develop AI PCs, facing competition from Qualcomm and AMD

From Nasdaq: 2025-06-24 09:23:00

Intel Corporation (INTC) is collaborating with HP to develop cutting-edge AI PCs powered by Intel Core Ultra series processors. Applications like Microsoft Power BI, Tableau, and Adobe Lightroom run significantly faster on Intel chips. With AI becoming a must-have for businesses, Intel is well-positioned to capitalize on the growing AI market projected to reach $3.68 trillion by 2034.

In the AI PC market, Intel faces competition from Qualcomm (QCOM) and AMD. Qualcomm’s Snapdragon X chip for mid-range AI desktops and laptops is gaining traction, while AMD’s Ryzen AI 300 Series processors are seeing broad adoption. These competitors pose challenges to Intel’s leading edge processors like Intel Core Ultra 9 Processor 185H.

Despite Intel’s recent advancements in the AI PC market, the company has experienced a 31% stock price decrease in the past year. Intel’s shares trade at a lower price/book ratio compared to the industry average. Earnings estimates for 2025 and 2026 have declined, leading to a Zacks Rank #3 (Hold) for Intel stock. Analysts are closely monitoring Intel’s performance in the AI PC sector for potential market impact.



Read more at Nasdaq: Intel Gaining Momentum in AI PC Market: Will the Uptrend Persist?