Nvidia agreed to invest $5 billion in Intel and will co-develop chips for PCs and data centers, a major strategic endorsement for the struggling chipmaker. The deal could strengthen Intel’s competitive position while deepening Nvidia’s footprint across high-performance computing and AI-adjacent hardware. Intel shares surged on the announcement, reflecting the scale of the surprise partnership.
Nvidia agreed to invest $5 billion in Intel and will co-develop chips for PCs and data centers, a major strategic endorsement for the struggling chipmaker. The deal could strengthen Intel’s competitive position while deepening Nvidia’s footprint across high-performance computing and AI-adjacent hardware. Intel shares surged on the announcement, reflecting the scale of the surprise partnership.
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