Nvidia has agreed to invest $5 billion in its struggling rival Intel [non-paywalled source] as part of a deal to develop new chips for PCs and data centres, the latest reordering of the tech industry spurred by AI. From a report: The deal comes a month after the US government agreed to take a 10 per...

US chip giant Nvidia will invest $5 billion in semiconductor maker Intel for joint development projects, the companies said in a statement Thursday.

SAN FRANCISCO : Nvidia on Thursday said it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry, but stopped short of giving Intel a crucial manufacturing deal.The pact, which also includes a plan for Intel and Nvidia to jointly develop PC and data center chips, repre

Nvidia is investing $5 billion in Intel and will co-develop chips for PCs and data centers, the companies announced Thursday.

The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence.

Sept. 18 (UPI) -- Shares of Intel rose 33% Thursday after NVIDIA announced a $5 billion investment in the company to make data center and PC chips.

Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its struggling rival. Nvidia joins Japanese investment giant SoftBank and the US government in backing the once-dominant chipmaker, which has fallen behind in recent years after missing key technology shifts.

Intel (INTC) stock is trading at its highest level since July 2024 on Thursday after news broke that the Artificial Intelligence leader Nvidia (NVDA) has taken a shine to the legacy chipmaker.

Intel and Nvidia will co-develop data center and PC chips as part of the new joint deal. Nvidia will invest $5 billion in Intel.

SAN FRANCISCO :Nvidia's deal with Intel could put the struggling chipmaker's next-generation manufacturing technology on a stronger footing, even without a direct commitment from the AI chip leader to use that technology to make its own chips, analysts said.Nvidia on Thursday invested $5 billion in Intel for

The x86 CPU + RTX GPU APUs promise to shake up the PC market. The two companies will also build custom designs for the server space.

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 billion to buy Intel common stock at $23.28 a share. The investment, which is subject to regulatory approvals, comes a month…

Nvidia is investing $5 billion in Intel. The news comes after the US government took a roughly 10 percent equity stake in the struggling chipmaker.

AI powerhouse Nvidia has announced a $5 billion investment in Intel, marking a strategic partnership aimed at accelerating advancements in artificial intelligence and personal computing. Intel shares have surged almost 24 percent at market open in response.

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.

I'm wrapping up my posts for the day, but before I go, I wanted to discuss one last thing. And that is that the Intel x86 RTX SOCs for the PC gaming market can't be understated.