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The stock market's most exclusive club just gained a new member, and it's an artificial intelligence powerhouse.
The stake will instantly make Nvidia one of Intel’s largest shareholders, and Intel shares surged on the news.
By Stephen Nellis, Max A. Cherney, Jeffrey Dastin and Karen Freifeld SAN FRANCISCO/WASHINGTON (Reuters) - Nvidia said on ...
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Nvidia invests $5 billion in Intel for a 4% stake, forging a strategic partnership to develop PC and data center chips amid U ...
TSMC is the world's first and largest pure-play semiconductor foundry. What that means is simply this: Instead of designing ...
The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power ...
The White House denies any involvement with the deal which came after Nvidia’s CEO met US President Donald Trump.
Correlation isn't causation, and it's unlikely that Intel and Nvidia could have thrown together a $5 billion deal and product collaboration in the space of less than 24 hours. But Nvidia could be ...
Nvidia, whose must-have chips are powering a global artificial intelligence boom, said in a statement it will pay US$23.28 ...
The pact includes a plan for Intel and Nvidia to jointly develop PC and data centre chips that will be faster than regular ones, something highly sought after in the rise of AI.
Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate ...