HP has revealed in an official press release on Thursday that it is launching two new Chromebooks, with one running Intel's latest processor, the Nvidia Tegra K1.

The two new devices from the Palo Alto, California-headquartered tech company are said to come in different sizes: one with  an 11-inch display and the other with 14-inch display, Headlines & Global News has learned.

Adding to the existing affordable range of Chromebooks, the two new Chrome-based notebooks feature ultra-slim design and lightweight chassis.

The 11-inch Chromebook is ditching the ARM-based Exynos processor with Intel's Bay Trail Celeron Processor. On the other hand, the 14-inch model will run Intel's latest processor, the NVIDIA Tegra K1 Processor.

While the 11-inch model comes with 16GB of eMMC storage that can be paired up with either 2GB or 4GB of RAM, the 14-inch model sports 16GB or 32GB SSD that can be paired with either 2GB or 4GB of RAM. Of course, both will have 100GB Google Cloud storage.

The 11-inch variant has two USB ports, HDMI output, HD webcam, Bluetooth, Wi-Fi and optional 4G LTE connectivity. Its display has 1366x768 pixel resolution and the model comes with a 3-cell battery that powers the device for up to 8 hours.

The 14-inch variant offers similar specs and battery life despite its slimmer and lighter build and fan-less design.

However, HP is yet to clarify as of late if the 14-inch notebook's display will also pack in the same 1366x768 resolution because if it does it will certainly be a setback for the new Chromebook, noted China Topix.

Both Chromebooks will arrive in a variety of vibrant colors such as Ocean Turquoise, Twinkle Black and Snow White.

The 14-inch model has more customizations with additional colors like Smoke Silver, Neon Green and Sorbet Orange.

The smaller Chrome-based notebook is expected to hit the U.S. market on Oct. 5, with a price point starting at $279.99. In contrast, the larger notebook is set to arrive on Oct. 22, with a price tag starting at $299.99.

Aside from the two Chromebooks, HP has also announced two other devices: the new HP Envy x2 and the HP Pavilion x2 detachables, according to MaximumPC.com.