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Nvidia to invest $5 billion into Intel

Nvidia to invest $5 billion into Intel

Nvidia to invest $5 billion into Intel, reported Kursiv.

Nvidia has announced a strategic partnership with Intel, investing $5 billion (approx. 61.5 trillion UZS) by purchasing shares at $23.28 each.

Under the agreement, the two companies will co-develop computer and data center processors based on the x86 architecture, integrating Nvidia's RTX platform and NVLink system.

Nvidia CEO Jensen Huang stated that the alliance will expand both companies' ecosystems and lay the foundation for the next generation of computing.

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News » Technology » Nvidia to invest $5 billion into Intel