Nvidia Invest $ 5 billion in Intel; Companies will work together on AI, PCS infrastructure

New York – Nvidia, the world’s leading flea manufacturer, announced Thursday that it is investing $ 5 billion in Intel and that it will collaborate with the semiconductor company in difficulty on products.

NVIDIA and Intel will associate with working on personalized data centers that form the backbone of artificial intelligence infrastructure as well as personal IT products, NVIDIA said in a press release.

NVIDIA said that it would spend $ 5 billion to buy Intel ordinary shares at $ 23.28 per share. Investment is subject to regulatory approvals.

“This historic collaboration closely associates the IA computer battery and accelerated Nvidia with Intel processors and the vast ecosystem X86 – a merger of two world class platforms,” ​​said Jensen Huang, CEO of Nvidia. “Together, we will expand our ecosystems and launch the bases of the next IT.”

The two companies said they would work on “transparent connecting” their architectures.

For data centers, Intel will make personalized fleas that Nvidia will use in its AI infrastructure platforms. While for PCS products, Intel will create fleas that incorporate NVIDIA technology.

The agreement provides an Intel life buoy, which was a pioneer of Silicon Valley who has experienced decades of growth while its processors fueled the computer boom, but fell into a crisis after missing the passage in the mobile computer era triggered by the beginnings of the iPhone in 2007.

Intel is even further in recent years in the middle of the boom in artificial intelligence that has propelled Nvidia into the most precious business in the world. Intel lost nearly $ 19 billion last year and an additional $ 3.7 billion in the first six months of this year, and plans to reduce their workforce by the end of 2025.

Nvidia, meanwhile, has skyrocketed because its specialized chips underlie the boom of artificial intelligence. Fleas, called graphic treatment units, or GPU, are very effective in developing powerful AI systems.

In pre-market trading, Intel shares have jumped 30%. NVIDIA shares have added 3%.