Intel, NVIDIA
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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.
Nvidia is investing $5 billion into Intel and partnering to integrate RTX chiplets on consumer and AI processors.
In a seismic move shaking up the semiconductor world, Nvidia (NASDAQ:NVDA) announced yesterday it was pouring $5 billion into its longtime rival Intel (NASDAQ:INTC). Nvidia is acquiring a stake in Intel at $23.