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Nvidia x Intel press conference: Major partnership between the two tech giants announced

On Thursday, Nvidia and Intel announced a strategic partnership to co-develop custom AI processors for PCs and servers integrating their technologies.
This alliance responds to Intel's declining market share and challenges to x86 architecture while leveraging Nvidia's GPU AI expertise and Intel's manufacturing scale.
As part of their partnership, Nvidia will acquire $5 billion worth of Intel shares at a price of $23.28 each, while the two companies will collaborate to develop PC processors that embed Nvidia RTX GPU chiplets linked via NVLink technology.
Intel shares surged 22.8% to $30.57, its strongest single-day rise since 1987, while Nvidia gained 3.5% to $176.24 amid strong investor enthusiasm and favorable economic data.
The partnership could accelerate AI deployment across industries, reinforce US semiconductor leadership, but faces ongoing macroeconomic and geopolitical risks.

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