NVIDIA Invests $5 Billion in Intel, Chip Giants Team Up to Reshape the AI Landscape
The chip industry is witnessing a historic moment. NVIDIA has agreed to acquire shares of Intel for $5 billion as part of a broader agreement to jointly develop multiple generations of data center and PC products. This deal will completely change the semiconductor competitive landscape. NVIDIA will purchase Intel stock at $23.28 per share, slightly below the previous trading price. According to Reuters, this transaction will make NVIDIA one of the largest shareholders of Intel, holding approximately 4%. After the news was released, Intel's stock surged by 30% during early trading on Thursday. The two companies will collaborate through
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