Intel and AMD stock dropped about 4.2% in Monday’s premarket. The development is widely viewed as a significant shift for the PC industry. The retail sentiment was ‘bearish’

Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) both reported Q1 2026 earnings in the past month, and the results tell two very different stories about how x86 chipmakers are riding the AI buildout. Intel is mid-turnaround under new CEO Lip-Bu Tan,

The rise of agentic AI seems to have turbocharged Intel's turnaround, as it has always been a leader in CPU design. In the first quarter, Intel beat earnings estimates by a wide margin while providing second-quarter revenue guidance well above analysts' consensus expectations. Data center revenue surged 22% to over $5 billion in the quarter.

The new Arc G3 series is based on Intel’s Panther Lake, the codename for the Core Ultra 300 series, built on the company’s 18A fabrication node. However, Intel says these are specifically designed for handhelds, in “close collaboration with hardware manufacturers,” to ensure gaming performance comparable to that of gaming PCs.

As for the current AM5 socket, AMD officially announced that it was extending its support to at least 2029—it was originally planned to last until 2025, then until “ 2027+ ,” so that means between two and four years of additional support, depending on how you’re counting.

New versatile business laptop line adds 360° convertible for enterprise and educationFremont, CA, June 01, 2026 (GLOBE NEWSWIRE) -- ASUS today at Computex announced ASUS ExpertBook B5 Flip G2, a versatile 360° convertible laptop designed for business professionals,

Having previously only committed to supporting AM5 until 2027, AMD has confirmed it will release AM5-compatible CPUs for three more years.

These are the same chips AMD makes for regular laptops, but with different power settings better suited to a compact handheld system. There are handhelds based on Intel silicon (MSI’s Claw is the main one),