Nvidia is also investing $5 billion into Intel

What just happened? Intel has received another massive investment from an unlikely source: Nvidia. Team Green is purchasing $5 billion in Intel common stock at $23.28 per share, part of a collaboration that will see the two companies jointly develop x86 system-on-chips – called Intel x86 RTX SoCs – that integrate Intel CPUs and Nvidia RTX GPU chiplets for a wide range of PCs. Intel will also be building custom x86 data center CPUs for Nvidia to integrate into its AI infrastructure platforms. […]

  • sunzu2@thebrainbin.org
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    10 hours ago

    Imagine wasting billions of dollars on stock buy backs for a decade…

    Then having to be bailed out by US Treasury and your competitor