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Nvidia throws Intel a lifeline that should be a boon to investors in both chipmakers
CNBC's Jim Cramer believes Nvidia's investment and tech partnership with Intel is significant.
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nytimes.com
Nvidia to Buy $5 Billion Stake in Intel, Giving Rival a Lifeline
The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence.
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fortune.com
Intel shares surge 30% as Nvidia announces $5 billion investment in America's one-time chips champion | Fortune
Nvidia CEO Jensen Huang hailed the deal as a "historic collaboration," adding that "AI is powering a new industrial revolution."
