Nvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government.
The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and data centre chips, as demand for AI continues to surge and companies seek to power massive data centres.
It will make Nvidia one of of Intel’s biggest shareholders, with a roughly 4% stake in the troubled semiconductor company.
Intel’s stock surged more than 25% on news of the deal, which could boost the once-dominant chipmaker. Shares in Nvidia rose roughly 3%.
Så gör du iOS 26 bättre – Mackens guide till de smartaste funktionerna
iOS 26 förändrar mycket av hur iPhone ser ut och används. Apple har lagt till både stora och små nyheter som gör systemet snabbare, mer personligt och smidigare i vardagen. Här är en guide med de tio bästa tipsen som…