45
Intel and Nvidia team up on Intel x86 RTX SoCs for future gaming PCs [and Nvidia is investing $5 billion in Intel shares] (www.techspot.com)
submitted 1 year ago by to c/hardware@lemmy.world
22 comments fedilink hide all child comments
 

Nvidia is also investing $5 billion into Intel

What just happened? Intel has received another massive investment from an unlikely source: Nvidia. Team Green is purchasing $5 billion in Intel common stock at $23.28 per share, part of a collaboration that will see the two companies jointly develop x86 system-on-chips – called Intel x86 RTX SoCs – that integrate Intel CPUs and Nvidia RTX GPU chiplets for a wide range of PCs. Intel will also be building custom x86 data center CPUs for Nvidia to integrate into its AI infrastructure platforms. [...]

you are viewing a single comment's thread
view the rest of the comments
[–] 9 points 1 year ago* (1 child)

Intel is on fire sale right now and NVIDIA was able to buy in for essentially their 2 week pay cheque.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 6 points 1 year ago*

    Nvidia probably figures Intel is an unsinkable investment because the U.S. government won't let it now that they bought in. Since China just told their tech industry not to use certain Nvidia chips, I imagine hedging a small bet on the U.S. instead of globally is in their best interest.

    Also yeah, Intel stock was double what it is now, 4 years ago...

  • permalink
  • fedilink
  • source
  • parent