One of the world’s most valuable companies is throwing Intel a lifeline. Nvidia, which has a market cap of $4.3 trillion, said today that it will invest $5 billion in Intel, the struggling US ...
Currently, two of the biggest names in the global tech field, particularly out of the United States, are Intel and Nvidia. However, while Nvidia has been on a steady rise year over year, Intel has ...
SAN FRANCISCO, Sept 18 (Reuters) - Nvidia's (NVDA.O), opens new tab deal with Intel (INTC.O), opens new tab could put the struggling chipmaker's next-generation manufacturing technology on a stronger ...
The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence. By Adam Satariano and Tripp Mickle Nvidia, the ...
On Thursday, Intel and Nvidia announced a major partnership that shook up the chip market and a number of stocks. But Apple—and Apple fans—shouldn’t start freaking out. The deal is pretty simple.
NVIDIA has today announced it will invest $5 billion in Intel as part of a new collaboration between the two companies. In a statement, NVIDIA said it would work with its ailing rival to “jointly ...
Intel Corporation stock is surging after announcing a strategic partnership with Nvidia. The companies plan to design chips with NVDA's GPUs and INTC's CPUs, and Nvidia will take a $5 billion equity ...
Nvidia is on top of the world right now, riding waves of investment in “AI” and becoming one of the most powerful and most profitable companies on the planet. Intel? Not so much. The company has been ...
Last month, the U.S. government formally took a 10% stake in Intel (INTC 1.02%). This month, Nvidia (NVDA 2.66%) is joining the fray, taking a roughly 4% stake in the company following a $5 billion ...
Although the unlikely matchup between Intel and Nvidia has the spotlight this week, Nvidia's CEO Jensen Huang also delivered some interesting news about its ARM-based home "supercomputer." That would ...