Source: United States & Canada – South China Morning PostNvidia said on Thursday it would invest US$5 billion in Intel, throwing its heft behind the struggling US chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a massive stake in the company.
The stake will instantly make Nvidia one of Intel’s largest shareholders, giving it roughly 4 per cent of the company after new shares are issued to complete the deal.
Nvidia’s support represents a new opening for Intel after years of turnaround…Read More