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Companies will work together on AI infrastructure and PCs

· 3h · on MSN

Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs

Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate with the struggling semiconductor company.

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Nvidia to Invest $5 Billion in Struggling Rival Intel

US Government’s Intel Stake Worth $13 Billion After Nvidia Deal

Asia’s Intel Suppliers Soar on Hopes of Nvidia Investment Boost

Asian suppliers to Intel Corp. saw their shares climb Friday after the US tech firm’s stock jumped 23% following news of a $5 billion investment by chipmaker Nvidia Corp.

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Nvidia takes $5 billion stake in Intel, offers chip tech in new lifeline to struggling chipmaker

Wall Street ticks toward another record as Intel and Nvidia rally

‘If you want to get rich, invest in the UK’: Nvidia boss backs Starmer’s AI push

“This is a game changer deal for Intel as it now brings them front and centre into the AI game,” said Dan Ives, an analyst at Wedbush Securities.

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Intel stock surges as Nvidia announces $5 billion stake in company

Intel’s Stock Jumps 25% On News Nvidia Will Invest $5 Billion In Chipmaker