Announced
Synopsis
Nvidia, an American multinational technology company, agreed to invest $5bn in Intel, a technology company. "Intel’s leading data center and client computing platforms, combined with our process technology, manufacturing and advanced packaging capabilities, will complement NVIDIA’s AI and accelerated computing leadership to enable new breakthroughs for the industry. We appreciate the confidence Jensen and the NVIDIA team have placed in us with their investment and look forward to the work ahead as we innovate for customers and grow our business," Lip-Bu Tan, Intel CEO.
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