NVIDIA To Invest $5 Billion In Rival Intel
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Nvidia invests $5 billion in Intel for a 4% stake, forging a strategic partnership to develop PC and data center chips amid U.S.–China tensions.
Nvidia Corp. has made a significant $5 billion investment in Intel Corp., resulting in a remarkable 23% surge in Intel's stock, the largest increase since 1987. , Companies, Times Now
"Having Jensen's blessing is priceless," the Bernstein senior analyst Stacy Rasgon wrote about Nvidia's $5 billion investment in Intel.
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 bets $5 billion on Intel. Intel's shares jumped 23%, although the deal doesn't involve high-volume commitments for its unprofitable chip-manufa
Symbolic investment is aimed showing that the two companies are aligned — and is so small shareholders won’t care