Live Updates > Live Update Details
2025-09-18 19:31:59
[Chip Giants Form $5 Billion Alliance, Reigniting the AI Battlefield] ⑴ Nvidia announced a $5 billion strategic investment in Intel, purchasing common stock at $23.28 per share. Upon completion of the transaction, the company expects to hold over 4% of Intel's shares, becoming a significant shareholder. ⑵ The partnership includes joint development of chips for PCs and data centers, but explicitly excludes Intel from manufacturing chips for Nvidia. ⑶ Intel has recently received several significant capital injections, including a $2 billion investment from SoftBank and a $5.7 billion injection from the US government. Combined with this investment from Nvidia, its cash flow position has been significantly strengthened. ⑷ The core of the technical collaboration is to leverage Nvidia's proprietary high-speed interconnect technology to integrate Intel's central processing units with Nvidia's AI acceleration chips, aiming to improve data transmission efficiency and compete with competitors such as AMD and Broadcom. ⑸ This alliance could pose a potential challenge to TSMC's existing business, as Nvidia currently primarily manufactures its flagship processors, and the possibility of transferring some orders in the future cannot be ruled out. (6) In the consumer market, Nvidia will provide Intel with customized graphics chips, enabling it to build a competitive processor portfolio and compete with AMD in the PC market. (7) While the two parties did not disclose a specific product launch timeline, they did state that they will jointly advance the development of "multiple generations" of products, and that their respective existing product roadmaps will not be altered as a result of this collaboration.
