Nvidia Invests $5B in Intel, Co-Developing New Chips

Intel secures a $5 billion investment from Nvidia, acquiring a 4% stake in the company. The deal, announced in September, was finalized on December 26th. Nvidia will co-develop next-gen products with Intel, including Nvidia-tuned x86 CPUs and PC chips blending Intel cores with Nvidia graphics. The investment provides Intel with much-needed cash and credibility during turnaround efforts, while Nvidia gains a smoother entry into the x86 world. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.