Nvidia buys $5B stake in Intel, planning AI chip collaboration

Nvidia has announced a $5 billion investment in Intel, as part of a strategic partnership between the two tech giants. The collaboration aims to jointly develop multiple generations of data center and PC products, with a focus on artificial intelligence (AI) chip technology. The deal marks a significant shift in the industry, as Nvidia, traditionally known for its GPU dominance, seeks to expand its reach into the CPU market, traditionally dominated by Intel. The partnership is expected to leverage the strengths of both companies, combining Nvidia's expertise in AI and graphics processing with Intel's leadership in CPU design and manufacturing. The agreement will involve Nvidia purchasing Intel stock, further strengthening the relationship between the two companies. The move is seen as a response to the growing demand for advanced AI capabilities in a wide range of applications, from data centers to personal computing devices.