Nvidia Shocks Wall Street With $5 Billion Intel Bet as AI Boom Reshapes Tech Industry
Nvidia, the world’s top maker of artificial intelligence chips, is making a bold $5 billion (£4 billion) investment in rival Intel. The deal, announced Thursday, is a lifeline for the struggling chip giant and follows a separate infusion from the US government. Under the agreement, the two US companies will team up to produce chips…
