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NVIDIA to invest $5B in Intel
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· 5h
Nvidia investing $5 billion in Intel, weeks after U.S. government takes stake
The AI leader’s infusion comes after the Trump administration engineered a deal to assume a 10 percent stake in the struggling chipmaker’s operations.
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· 18h
Nvidia to invest $5B in Intel; companies will work together on AI infrastructure, PCs
Nvidia and Intel 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.
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· 15h
Nvidia to Invest $5 Billion in Intel, Furthering Trump’s Turnaround Plan
The companies said Nvidia is buying $5 billion of Intel’s common stock at $23.28 a share and would jointly develop data-center and personal-computing products.
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Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
Investors looking for all of the latest insider trades, regulatory actions, and other stock market news are in the right place.
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