In a major collaboration that would have been hard to imagine just a few years ago, Nvidia announced today that it was buying a total of $5 billion in Intel stock, giving Intel’s competitor ownership ...
Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) announced a blockbuster deal on Thursday to co-develop PC and data center chips. Simultaneously, Nvidia said it would take a $5B stake in Intel. Nvidia ...
Nvidia revealed a $5 billion investment in Intel common stock at $23.28 per share, giving it around a 5% ownership stake. The deal, however, goes far beyond equity—it's about co-developing multiple ...
I have written about both Intel and Nvidia here on Seeking Alpha in the past. My most recent article on Intel is from around a year ago, when I gave the company a neutral rating. Since then, INTC has ...