On Thursday, Intel and Nvidia announced a major partnership that shook up the chip market and a number of stocks. But Apple—and Apple fans—shouldn’t start freaking out. The deal is pretty simple.
One of the world’s most valuable companies is throwing Intel a lifeline. Nvidia, which has a market cap of $4.3 trillion, said today that it will invest $5 billion in Intel, the struggling US ...
SAN FRANCISCO, Sept 18 (Reuters) - Nvidia's (NVDA.O), opens new tab deal with Intel (INTC.O), opens new tab could put the struggling chipmaker's next-generation manufacturing technology on a stronger ...
Intel INTC and Nvidia NVDA announced a collaboration to jointly develop multiple generations of custom data center and PC products. Nvidia will also invest $5 billion in Intel’s common stock at a ...
The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence. By Adam Satariano and Tripp Mickle Nvidia, the ...
Nvidia is on top of the world right now, riding waves of investment in “AI” and becoming one of the most powerful and most profitable companies on the planet. Intel? Not so much. The company has been ...
Nvidia revealed a $5 billion investment in Intel common stock at $23.28 per share, giving it around a 5% ownership stake. The deal, however, goes far beyond equity—it's about co-developing multiple ...
Last month, the U.S. government formally took a 10% stake in Intel (INTC 1.02%). This month, Nvidia (NVDA 2.66%) is joining the fray, taking a roughly 4% stake in the company following a $5 billion ...