Intel Shares Surge After Nvidia's $5 Billion Investment and Collaboration
Originally Published 3 months ago — by Yahoo Finance
Nvidia plans to acquire a $5 billion stake in Intel to co-develop data center and PC chips, signaling a major collaboration in the tech industry that has boosted Intel's stock and involves regulatory approval. The deal aims to integrate Nvidia's AI and GPU technology with Intel's CPUs, potentially transforming the computing landscape.