Nvidia and Intel’s $5 billion deal is apparently about eating AMD’s lunch
Nvidia and Intel have announced a $5 billion partnership, with Nvidia CEO Jensen Huang and Intel CEO Lip-Bu Tan addressing the reasons behind the deal in a joint webcast. The companies have denied that the deal is related to political factors, such as the Trump administration's involvement or China's recent actions. Instead, the partnership is believed to be focused on competing with AMD in the semiconductor market. The article suggests that the deal is part of a strategic move by Nvidia and Intel to consolidate their position and gain an advantage over their rival AMD. However, the specific details and long-term implications of the partnership are not fully disclosed in the article.
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