NVIDIA Corp. will invest $5 billion in rival Intel Corp. to jointly develop custom processing units. The partnership combines Intel's CPU experience with NVIDIA's specialized graphics chips for AI.
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. Nvidia said it will spend $5 ...
Nvidia Corp. today announced plans to invest $5 billion in Intel Corp. as part of a collaboration that will see the companies jointly develop new chips. The partnership encompasses both the data ...
Big things are happening at Intel these days, as CEO Lip-Bu Tan looks to transform the chip maker's business model after stumbling a bit in the past few years. The newest development—and one we didn't ...
AI chip maker Nvidia is coming to the aid of its struggling rival Intel, agreeing to invest $5 billion in the company and to collaborate on developing chips for data centers and PCs. Why it matters: ...
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. Forecast: Home equity rates, the ...
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 ...
Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) announced a blockbuster deal on Thursday to co-develop PC and data center chips. Simultaneously, Nvidia said it would take a $5B stake in Intel. Nvidia ...
In our view, the Intel–Nvidia pact further accentuates Nvidia Corp.’s dominant market position and represents a milestone in the transition to the next era of computing. Just as Intel Corp. had a lock ...
Nvidia is pouring $5 billion into rival Intel to develop new chips together. Intel has faced significant challenges, including three years of decreasing revenue, as it struggles to keep up with Nvidia ...
Intel and Nvidia announce a huge partnership to jointly develop multiple generations of consumer CPU and data center products. Nvidia is also investing $5 billion in Intel. In a twist no one saw ...