00:00Nvidia just shocked Wall Street, dropping $5 billion into Intel overnight.
00:05Intel's stock had been sitting near decade lows earlier this year,
00:08but today it exploded up over 30% after this massive announcement.
00:13And it's not just a trade, this is a partnership that could rewrite the chip wars.
00:18Nvidia is buying its stake at $23.28 per share
00:22and teaming up with Intel to co-develop data center and PC chips.
00:27Intel will build x86 CPUs for Nvidia's AI infrastructure and even PCs running Nvidia RTX GPUs.
00:35The government, which just invested nearly $9 billion in Intel in August,
00:39is already sitting on a multi-billion dollar paper game.
00:43This is being called a historic collaboration,
00:46but will Nvidia's moves save Intel or just tighten its grip on AI dominance?
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