Nvidia Pumps $5B Into Intel, Sparking Chip Stocks Rally
Nvidia makes a surprisingly $ 5 billion bet on Intel, who bought shares at $ 23.28 each, according to official announcements. Deal pairs are NVIDIA’s AI-dominant GPUs with Intel-purpose chips to create new PC and Data Center solutions. It follows a 10% US government stake in Intel, a push to boost domestic chipmaking. Nvidia CEO … Read more