Intel confirms 18A-P for Nova Lake, shifts Panther Lake capacity to Granite Rapids

CEO Lip-Bu Tan confirmed on Intel's Q3 2026 earnings call that Nova Lake desktop chips will be the first client product on the 18A-P node, with more details at CES in January. Intel will take some Panther Lake capacity offline to build more Granite Rapids data center CPUs and expects the PC market to shrink about 12% in 2026.

• 18A-P delivers 9% more speed at iso-power or 18% lower power at iso-speed
• Nova Lake is ahead of schedule with twice the design wins of Panther Lake
• 18A products now account for a third of client CPU revenue, up from under 5% in Q1
• Intel expects PC TAM to fall 12% in 2026 and another 10% in 2027