is fighting back against the growing consensus view that manufacturing delays have caused the 52-year old chip maker to fall behind rivals such as.

Last year, Intel said it would develop capacity to produce seven-nanometer chips by 2021, but disclosed in July that its next-generation fabrication process wouldn’t be ready until at least 2022.

Shares of Intel have dropped 19% since the July news as investors have reordered their view of the semiconductor market, having lost some faith in the competitive advantage Intel has gained from both designing and manufacturing its chips.

Given its troubles with seven-nanometer manufacturing, the company has resorted to other methods to boost the performance of its microprocessors.

Intel said Thursday that it had developed a new method for making transistors, called SuperFin.

Intel has previously said it can achieve transistor density with its 10-nanometer process that is roughly what its rivals have accomplished with seven-nanometer fabrication techniques.

During its presentation Thursday, Intel said the manufacturing process performance gain from SuperFin is roughly 15% to 20%.

Intel is fighting back against the growing consensus view that manufacturing delays have caused the 52-year old chip maker to fall behind rivals such as Advanced Micro Devices