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Title: Nvidia To Invest $5 Billion in Intel

Link: https://slashdot.org/story/25/09/18/1226210/n...

Nvidia has agreed to invest $5 billion in its struggling rival Intel [non-
paywalled source] as part of a deal to develop new chips for PCs and data
centres, the latest reordering of the tech industry spurred by AI. From a
report: The deal comes a month after the US government agreed to take a 10
per cent stake in Intel, as Donald Trump's administration looks to secure the
future of American chip manufacturing. However, the pair's announcement makes
no reference to Nvidia using Intel's foundry to produce its chips. Intel,
which has struggled to gain a foothold in the booming AI server market, lost
its crown as the world's most valuable chipmaker to Nvidia in 2020. On
Thursday Jensen Huang, Nvidia's chief executive, hailed a "historic
collaboration" and "a fusion of two world-class platforms," combining its
graphics processing units, which dominate the market for AI infrastructure,
with Intel's general-purpose chips. Further reading: Intel Weighed $20
Billion Nvidia Takeover in 2005.

Read more of this story at Slashdot.

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