Intel INTC and Nvidia NVDA announced a collaboration to jointly develop multiple generations of custom data center and PC products. Nvidia will also invest $5 billion in Intel’s common stock at a ...
Intel Corporation stock is surging after announcing a strategic partnership with Nvidia. The companies plan to design chips with NVDA's GPUs and INTC's CPUs, and Nvidia will take a $5 billion equity ...
NVIDIA has today announced it will invest $5 billion in Intel as part of a new collaboration between the two companies. In a statement, NVIDIA said it would work with its ailing rival to “jointly ...
SAN FRANCISCO, Sept 18 (Reuters) - Nvidia's (NVDA.O), opens new tab deal with Intel (INTC.O), opens new tab could put the struggling chipmaker's next-generation manufacturing technology on a stronger ...
The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence. By Adam Satariano and Tripp Mickle Nvidia, the ...
Nvidia revealed a $5 billion investment in Intel common stock at $23.28 per share, giving it around a 5% ownership stake. The deal, however, goes far beyond equity—it's about co-developing multiple ...
Nvidia is on top of the world right now, riding waves of investment in “AI” and becoming one of the most powerful and most profitable companies on the planet. Intel? Not so much. The company has been ...
Before Nvidia’s Jensen Huang and Intel’s Lip-Bu Tan started a press conference to announce a “historic” partnership between the two American chipmakers on September 18th, they were caught in an ...