Nvidia, the semiconductor company powering the artificial intelligence revolution, said Thursday that it was buying a $5 billion stake in ailing rival Intel. The two companies will also begin a ...
Nvidia announced it will acquire $5 billion worth of chipmaking rival Intel’s shares and the two companies will collaborate to develop custom data center and personal computer products, boosting Intel ...
(Bloomberg) -- Nvidia Corp. agreed to invest $5 billion in Intel Corp. and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent ...
One of the world’s most valuable companies is throwing Intel a lifeline. Nvidia, which has a market cap of $4.3 trillion, said today that it will invest $5 billion in Intel, the struggling US ...
Intel and Nvidia announced a blockbuster deal on Thursday. The two companies will develop custom data center and PC chips integrating Intel and Nvidia technology, and Intel will manufacture them.
PORTLAND, Ore. — NVIDIA said on Thursday that it will buy $5 billion worth of Intel's common stock, becoming another major shareholder in the company just weeks after the U.S. government took a 10% ...
If you haven’t heard, Nvidia is investing $5 billion in Intel. According to Nvidia CEO Jensen Huang, this exciting Nvidia-Intel alliance will create “Intel x86 SoCs that integrate Nvidia GPU chiplets, ...
TL;DR: NVIDIA and Intel have announced a $5 billion partnership to develop custom x86 processors integrating NVIDIA RTX GPUs, marking Intel's shift from in-house GPU development. This collaboration ...
Nvidia will buy $5 billion of Intel stock as the companies co-develop multiple generations of AI data-center and PC chips. Fresh financials show Nvidia growing fast while Intel is still restructuring ...