Intel CEO Lip-Bu Tan calls Nvidia’s Jensen Huang a “Good Friend” as $5 billion partnership sends Intel stock soaring
Intel and Nvidia have forged a groundbreaking partnership to develop custom chips and advanced computing systems, fueled by a $5 billion investment from Nvidia. Following the announcement, Intel's shares surged by 22.77%, closing at $30.57. This collaboration aims to leverage Intel's x86 architecture and manufacturing prowess with Nvidia's AI expertise, shaping the future of AI infrastructure and personal computing.
Intel and Nvidia have forged a groundbreaking partnership to develop custom chips and advanced computing systems, fueled by a $5 billion investment from Nvidia. Following the announcement, Intel's shares surged by 22.77%, closing at $30.57. This collaboration aims to leverage Intel's x86 architecture and manufacturing prowess with Nvidia's AI expertise, shaping the future of AI infrastructure and personal computing.
