NEW YORK, United States — US chip giant Nvidia has announced a major investment of $5 billion in semiconductor maker Intel. The two companies revealed the partnership in a statement on Thursday.

Under this new agreement, Nvidia and Intel will collaborate on the joint development of custom data center and PC products. This collaboration aims to meet the surging demand for high-performance chips, driven by the ongoing artificial intelligence boom.

The partnership is set to leverage the strengths of both companies to create cutting-edge technologies that cater to the evolving needs of AI and computing industries.
https://business.inquirer.net/547831/chip-maker-nvidia-to-invest-5b-in-intel