NVIDIA invested $5 billion in Intel and reached a chip cooperation.

[NVIDIA invests $5 billion in Intel and reaches chip cooperation] NVIDIA ( NVDA.O ) announced on Thursday that it will invest $5 billion in Intel ( INTC.O ) to support the struggling American chip foundry, but has not granted Intel critical chip manufacturing orders. The protocol also includes plans for Intel and NVIDIA to jointly develop personal computer and data center chips, which may pose a potential risk to TSMC ( TSM.N ). Currently, TSMC is responsible for producing NVIDIA's flagship processors; as the highest market capitalization company in the world, NVIDIA may potentially transfer this part of the business to Intel in the future. Meanwhile, AMD, which competes with Intel in the data center chip supply sector, may suffer losses due to NVIDIA's support for Intel.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)