Nvidia announces a new partnership with Intel. The companies will collaborate on custom data center and personal computer products, according to a press release on Thursday. Nvidia also states it is investing $5 billion in Intel, which has been facing challenges.
NEW YORK (AP) — Chipmaker Nvidia announced a new partnership with semiconductor company Intel on Thursday.
Nvidia and Intel will team up to work on custom data center and personal computer products, Nvidia said in a press release.
Nvidia also said it's investing $5 billion in the common stock of Intel, which has been struggling. The deal is subject to regulatory approvals.