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Nvidia to invest $5bn in Intel after Trump administration’s 10% stake

Deal gives Intel a lifeline as firms team up on AI data centers and PC chips after Trump stake sparks market surgeNvidia, the world’s leading chipmaker, announced plans to invest $5bn in Intel and collaborate with the struggling semiconductor company on products.One month after the Trump administration confirmed it had taken a 10% stake in Intel – the latest extraordinary intervention by the White House in corporate America – Nvidia said it would team up with the firm to work on custom data centers that form the backbone of artificial intelligence (AI) infrastructure, as well as personal computer products. Continue reading...


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