Intel says its budget Wildcat Lake laptop chips are sold out

Intel CEO Lip-Bu Tan told investors that demand for the company's budget-focused Wildcat Lake chips is outstripping supply, and CFO David Zinsner said they are now sold out. The cost-optimised chips are powering cheaper Windows laptops such as the Dell XPS 13 and HP Omnibook 5 14 as RAM shortages push PC prices up. Zinsner said he is not optimistic about memory next year.