CNA938 Rewind - Nvidia’s US$5b investment in Intel: Is this the start of a new chip alliance?
Nvidia has made a bold move, investing US$5 billion in Intel – its longtime rival – by purchasing roughly 4% of Intel’s common stock at about US$23.28 per share. The two companies are now entering a strategic collaboration to co-develop custom CPUs and SoCs for data centers and personal computers. Is this a potential turning point for Intel? And what’s in it for Nvidia? Andrea Heng and Elakeyaa Selvaraji find out with Kyle Rodda, Senior Financial Market Analyst at Capital.com.