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Nvidia to invest $5 Billion into Intel
Summary
Nvidia is investing $5 Billion into Intel and will partner with them to form more AI infrastructure and products for consumers.
Quote
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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.
Nvidia also said it’s investing $5 billion in the common stock of Intel, which has been struggling. The deal is subject to regulatory approvals.
My thoughts
I’m not entirely shocked that Nvidia would want to try and eat up Intel and this would be the first logical step. That being said, I am worried that Intel arc is now dead in the water and that it will be absorbed into Nvidia’s line. But it also wouldn’t entirely shock me if this is how Nvidia backs entirely out of the consumer space for graphics.
Sources
https://apnews.com/article/nvida-intel-chips-investment-73c307d2f6ceccd6854d6666775358f3
https://nvidianews.nvidia.com/news/nvidia-and-intel-to-develop-ai-infrastructure-and-personal-computing-products