New laptops released in the holiday season will get a huge power boost

Chip maker Intel announced on Monday its new eighth generation U-series chips, which the company claims will give ultrabooks and 2-in-1 laptops a huge boost in performance over laptops running on its current seventh generation chips.

The company boasts that the new chips, codenamed "Coffee Lake," can perform up to 40 percent faster than the seventh generation "Kaby Lake" chips. In computer processor terms, a 40 percent jump in performance over the previous generation is a significant leap.

Intel

Compared to a five-year-old laptop, Intel claims that its new U-series Coffee Lake chips can multitask - when you're using several apps at the same time - twice as fast, and will load websites up to 1.9 times as quickly (depending on your internet speeds).

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With this compelling performance boost in mind, you may want to wait until September if you're in the market for a new Windows 10 laptop, as that is when computer manufacturers will start rolling out laptops running on Intel's eighth generation U-series processors.

There's no telling if or when Apple's Mac computers will run on Intel's eighth generation chips. The company recently released its new MacBook Pros running on Intel's seventh generation Kaby Lake chips in June, and the MacBook series runs on a different series of Intel chips called the Y-series. Apple could always choose to go with a different chipmaker though, like AMD.

We have yet to see what kind of performance boosts Intel's Y-series and other chip series could bring. There's no detail on the pricing for new laptops that will run on Intel's eighth generation of U-series chips, but you can expect that in the next month.

Get the latest Intel stock price here.