From PC World: Nvidia is on top of the world right now, riding waves of investment in “AI” and becoming one of the most powerful and most profitable companies on the planet. Intel? Not so much. The company has been struggling in sales and performance for more than a year.
So color me shocked when Nvidia and Intel announced a joint venture this morning that could be huge for both.
Nvidia is investing $5 billion into Intel stock—a comparatively small slice for both companies—and approximately half of what the United States government invested in it after president Trump and other politicians demanded action on Intel’s CEO. But the bigger news coming from the press release is that Nvidia and Intel will partner on new chips for both data centers and consumer PCs. The so-called “x86 RTX” chips will integrate Nvidia-designed graphics and AI chiplets into Intel CPUs.
“This historic collaboration tightly couples Nvidia’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem—a fusion of two world-class platforms,” said Nvidia CEO Jensen Huang.
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