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Cheddar News
  • 2 months ago
Nvidia announced a $5 billion investment in Intel to co-develop data center and PC chips, aligning two tech giants amid Intel's turnaround backed by the U.S.
Transcript
00:00NVIDIA announced a $5 billion investment in Intel to co-develop data center and PC chips,
00:06aligning two tech giants amid Intel's turnaround backed by the U.S. government.
00:11The deal marks Intel's best day of trading since 1987, with shares soaring nearly 23%,
00:17while NVIDIA aims to fuse its AI stack with Intel's x86 platform.
00:23Although the investment does not include chip manufacturing,
00:26it signals a potential shift in the semiconductor landscape and deepens NVIDIA's stake in U.S. high-tech manufacturing.
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