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Nvidia said the deposit of $ 5 billion in Intel As part of the Data Center Development Agreement and PC with CHIPS with a problematic chip manufacturer, which last month accepted the US government as an investor.
Nvidia invests its share at $ 23.28 per share, the company said. Intel’s shares jumped 28% to approximately $ 32 per share after news transaction.
“This historical cooperation is tightly with AI NVIDIA pairs and accelerated computing stacks with Intel processors and the wide ecosystem of the X86-Platforms of the world-level.
Nvidia now joins the SoftBank and the US Government in support of the Intel turn.
Intel stocks that reached the least ten years earlier this year bounced after finding new Trump administration support, Earn the deal In order for the US government to invest 10% in the manufacturer of chips in August.
White House Deputy Spokesman Kush Dae said on Thursday that the partnership was “the main milestone for the American high-tech production”.
In August, SoftBank also made an investment of $ 2 billion with Intel.
The government has invested $ 8.9 billion in the chips for $ 433.3 million. This share now costs $ 13.4 billion with shares of about $ 31.
A high White House official said the administration does not participate in the Nvidia-Intel agreement.
“It is unclear whether this cooperation with the token is intended for political purposes, or this is the beginning of broader cooperation that has benefited the benefits of Intc,” Wolfe Research wrote on the note Thursday.
Caso said the biggest question is whether Nvidia will produce in Fabs Intel.
The investment subject to the normative approval does not include the product of Nvidia chips with the Intel foundry. The Huang and CEO Intel Lip-Bu Tan will hold a press conference at 1pm.
Intel will create central X86 processing blocks for AI Nvidia infrastructure platforms, according to the release. In the front of the Intel PC will create X86 System-On-Chips using RTX Nvidia graphics blocks that will be the power of the computers.
Nvidia shares in the middle of the United States and Chinese trade negotiations to obtain permission for the sale of less advanced chips in China increased by more than 3% in the morning bidding.
Intel’s shares have been going on their best day since October 1987 when they received 26.4%.
Intel, ytd
– Megan Casel in CNBC contributed to this article.
