Intel Core Ultra 5 135HL 's Advantages
Lower TDP (45W vs 65W)
Intel Core Ultra 7 265 's Advantages
Released 9 months late
Larger memory bandwidth (102.4GB/s vs 89.6GB/s)
Newer PCIe version (5 vs 4)
Higher base frequency (2.4GHz vs 1.7GHz)
Larger L3 cache size (30MB vs 18MB)
More modern manufacturing process (3nm vs 7nm)