In brief
- Nvidia invested $5 billion in Intel and agreed to co-develop custom chips for PCs and data centers.
- Jensen Huang framed the deal as coupling Nvidia’s accelerated computing with Intel’s x86 platforms.
- The move followed reports that China banned local tech firms from buying Nvidia AI chips.
Nvidia announced Thursday it would invest $5 billion in Intel and collaborate on custom chips for data centers and personal computers, sending Intel’s battered stock soaring 23% in early trading.
The investment, which would buy Nvidia roughly 215 million Intel shares at $23.28 each, comes just weeks after the Trump administration took a 10% stake in the struggling chipmaker.
As per the agreement, Intel will develop custom x86 CPUs optimized for Nvidia’s AI platforms, potentially solving longstanding bottlenecks in CPU-GPU communication. For personal computers, Intel will build system-on-chip designs incorporating Nvidia’s RTX graphics technology.
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Author: Jose Antonio Lanz
