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.
Neither Intel nor Nvidia have said exactly when the first fruits of its co-designed integrated CPUs will ship. But the thinking right now seems to be that it might a take a few years. Nvidia announced a $5 billion investment into Intel last week,
Nvidia CEO Jensen Huang said Thursday that the company’s new deal with Intel will allow the two firms to enable a “new class of integrated graphics laptops” among several other details about the “historic” partnership.
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.
Nvidia rules PC graphics with an iron fist, but currently lacks an integrated graphics play. That’s created a few safe spaces— like portable gaming laptops and gaming handhelds like the Steam Deck—where Nvidia’s advantages are irrelevant.