OR Nvidia agreed to invest $ 5 billion in Intel And he announced that the two companies would work on the development of chips for computers and data centers.
This is a surprise move that will help to strengthen Intel’s weak competitor, which has led Intel’s shares to rise. Nvidia will buy Intel’s common shares for $ 23.28 per share, the two companies said on Thursday. Intel will use NVIDIA graphics technology in future computer chips and will also provide its processors for NVIDIA -based data centers.
The two companies did not announce a timetable for the sale of the first components and stated that the announcement did not affect their individual future plans. The new Intel funds come after the US government’s decision in August to acquire about 10% and the role of the seller’s role by President Donald Trump.
Japanese Softbank Groupwhich is committed to investing tens of billions in US chip production and cloud infrastructure, made a surprise investment of $ 2 billion last month, while Intel also collects cash by selling assets to investors. Its current activities, which have been hit by market share losses, cannot withstand the burden of intensive costs associated with the effort to build cutting -edge semiconductors.
Intel’s stock rose up to 30% in New York. On papers, the value of the US government’s share has increased by more than $ 55%, or $ 4.9 billion, and now amounts to about $ 14 billion.
The cooperation between the two competitors based in Santa Clara, California, highlights the change in the balance of power in the computer industry. Intel receives financial support and access to technology that holds a market position in the market from a company that had once downgraded a marginal role in the industry.
“This historical collaboration closely combines artificial intelligence and accelerated NVIDIA computing power with Intel CPUs and the huge X86 ecosystem – a merger of two world -class platforms,” said Nvidia CEO Jensen Huang in a statement. “Together, we will expand our ecosystems and lay the foundations for the next IT era.”