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Nvidia to invest $5 billion in Intel, working together on AI infrastructure and PCs
Nvidia announces a new partnership with Intel to work on custom data centers and personal computer products. Nvidia is also investing $5 billion in Intel's common stock.
NEW YORK (AP) — Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate with the struggling semiconductor company. The two companies will team up to work on custom data centers that form the backbone of artificial intelligence infrastructure as well as personal computer products, Nvidia said in a press release. Intel fell even farther behind in recent years amid the artificial intelligence boom that’s propelled Nvidia into the world’s most valuable company.
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