Nvidia’s $5bn Intel stake turns bad finance into good money
Symbolic investment is aimed at showing the two companies are aligned — and is so small shareholders won’t care
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Nvidia to invest up to $100bn in OpenAI
Partnership will support huge build-out of data centres for artificial intelligence
Nvidia to invest $1bn in Nokia as chip giant extends deal spree
Finnish group’s shares surge by a fifth on tie-up that will see US company become one of its largest shareholders
Nvidia’s exuberant valuation is a tomorrow problem
Crude measures do not capture what happens in the more distant future, which matters greatly to the company’s worth
Nvidia and OpenAI are mostly performing for the algorithm
If Monday’s deal seems performative, perhaps that’s the point
FirstFT: Nvidia throws Intel a $5bn ‘lifeline’
Also in today’s newsletter, China drops antitrust probe into Google, and Trump says Afghanistan air base should be returned to US…
Nvidia becomes world’s first $5tn company
US chip giant’s stock propelled by strong sales of AI systems and prospect of access to China