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 ...
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% ...
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.
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 ...