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Nvidia Invests in Intel
Nvidia (NASDAQ: NVDA) announced a $5 billion investment in Intel (NASDAQ: INTC) this week, aimed at integrating Intel’s chips into Nvidia’s AI infrastructure platforms. This deal comes as a significant boost for Intel, which has been struggling to keep pace in the AI sector and has seen a 38% decline in stock over the past five years.
Both companies aim to combine Nvidia’s high-powered graphics processing units (GPUs) with Intel’s central processing units (CPUs) to enhance AI capabilities. Nvidia’s revenue was over $130 billion last year, and it holds more than $56 billion in cash, making this investment a strategic move to fortify its leading position in the AI market.
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