New York — NVIDIA, the world’s leading company, announced on Thursday that it is investing $ 5 billion in Intel and will cooperate with the semiconductor company that is stalled on products.
NVIDIA said in a press statement that NVIDIA and Intel will cooperate to work in dedicated data centers that make up the backbone of the artificial intelligence infrastructure as well as personal computer products.
NVIDIA said it will spend $ 5 billion to buy Intel Common shares at $ 23.28 per share. Investment is subject to organizational approvals.
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“This historical collaboration is tightly inaugurated by AI and the accelerated computing stack with Intel’s central processing units and the vast ecosystem x86 – a combination of two global platforms,” said Jensen Huang, CEO of NVIDIA. “We will all expand our ecosystem and lay the foundation for the next era of computing.”
The two companies said they would “link” them smoothly.
For data centers, Intel will make custom chips that NVIDIA will use in Amnesty International’s infrastructure platforms. While there are PCS products, INTEL will build nVIDIA foil.
The Intel Lifel Agreement, who was a leader in the Silicon Valley, has the growth contracts as its processors operated a personal computer mutation, but it fell into the recession after it lost the transformation to the era of the mobile computing that was launched by the first appearance of the iPhone 2007.
Intel fell further in recent years amid the boom of artificial intelligence that prompted NVIDIA to the most valuable companies in the world. Intel lost nearly $ 19 billion in the past year and another $ 3.7 billion in the first six months of this year, and it is expected to reduce its power operating by the end of 2025.
Meanwhile, NVIDIA has risen because its specialized chips support the mutation of artificial intelligence. Chips, known as graphics processing units, or graphics processing units, are very effective in developing strong AI systems.
In pre -market trade, Intel shares jumped by 30 %. NVIDIA shares added 3 %.
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