PANews reported on September 18th that Nvidia (NVDA.O) announced on Thursday that it would invest $5 billion in Intel (INTC.O) to support the struggling US chip foundry, but stopped short of awarding Intel key chip manufacturing contracts. The agreement also includes plans for Intel and Nvidia to jointly develop chips for PCs and data centers, potentially posing a risk to Taiwan Semiconductor Manufacturing Co. (TSM.N). Currently, TSMC manufactures Nvidia's flagship processors; as the world's most valuable company, Nvidia may shift this business to Intel in the future. Advanced Micro Devices, which competes with Intel in the data center chip supply market, could also suffer from Nvidia's support for Intel.PANews reported on September 18th that Nvidia (NVDA.O) announced on Thursday that it would invest $5 billion in Intel (INTC.O) to support the struggling US chip foundry, but stopped short of awarding Intel key chip manufacturing contracts. The agreement also includes plans for Intel and Nvidia to jointly develop chips for PCs and data centers, potentially posing a risk to Taiwan Semiconductor Manufacturing Co. (TSM.N). Currently, TSMC manufactures Nvidia's flagship processors; as the world's most valuable company, Nvidia may shift this business to Intel in the future. Advanced Micro Devices, which competes with Intel in the data center chip supply market, could also suffer from Nvidia's support for Intel.
Nvidia invests $5 billion in Intel and reaches chip cooperation
PANews reported on September 18th that Nvidia (NVDA.O) announced on Thursday that it would invest $5 billion in Intel (INTC.O) to support the struggling US chip foundry, but stopped short of awarding Intel key chip manufacturing contracts. The agreement also includes plans for Intel and Nvidia to jointly develop chips for PCs and data centers, potentially posing a risk to Taiwan Semiconductor Manufacturing Co. (TSM.N). Currently, TSMC manufactures Nvidia's flagship processors; as the world's most valuable company, Nvidia may shift this business to Intel in the future. Advanced Micro Devices, which competes with Intel in the data center chip supply market, could also suffer from Nvidia's support for Intel.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Ripple Completes Rail Acquisition, Leading Stablecoin Innovation
The post Ripple Completes Rail Acquisition, Leading Stablecoin Innovation appeared on BitcoinEthereumNews.com. Ripple Confirms Rail Acquisition — Cementing Its
Share
BitcoinEthereumNews2025/12/12 14:22
Forward Industries Unleashes $4B Share Sale to Power Solana Treasury
The post Forward Industries Unleashes $4B Share Sale to Power Solana Treasury appeared on BitcoinEthereumNews.com. Forward Industries presents a 4B equity offering to support its Solana treasury strategy and corporate development, boosting its market presence. Forward Industries, Inc., a top Nasdaq-listed firm, has issued a ground-breaking at-the-market (ATM) equity offering program worth $4billion. This project is to support its growing Solana treasury plan and finance general corporate activities, which were […] The post Forward Industries Unleashes $4B Share Sale to Power Solana Treasury appeared first on Live Bitcoin News. Source: https://www.livebitcoinnews.com/forward-industries-unleashes-4b-share-sale-to-power-solana-treasury/
Share
BitcoinEthereumNews2025/09/18 15:33
PENGU Drops 11% Amid Derivatives Outflow, But Bullish Signals Suggest Potential Rebound
The post PENGU Drops 11% Amid Derivatives Outflow, But Bullish Signals Suggest Potential Rebound appeared on BitcoinEthereumNews.com. Pudgy Penguins PENGU has declined
Share
BitcoinEthereumNews2025/12/12 14:07