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NVIDIA will invest $5 billion in Intel’s common stock!

Daniel Nenni

Admin
Staff member
Intel Corporation has just released the following news:

NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products​

Intel to design and manufacture custom data center and client CPUs with NVIDIA NVLink; NVIDIA to invest $5 billion in Intel common stock​

SANTA CLARA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) and Intel Corporation (NASDAQ: INTC) today announced a collaboration to jointly develop multiple generations of custom data center and PC products that accelerate applications and workloads across hyperscale, enterprise and consumer markets.

The companies will focus on seamlessly connecting NVIDIA and Intel architectures using NVIDIA NVLink — integrating the strengths of NVIDIA’s AI and accelerated computing with Intel’s leading CPU technologies and x86 ecosystem to deliver cutting-edge solutions for customers.

For data centers, Intel will build NVIDIA-custom x86 CPUs that NVIDIA will integrate into its AI infrastructure platforms and offer to the market.

For personal computing, Intel will build and offer to the market x86 system-on-chips (SOCs) that integrate NVIDIA RTX GPU chiplets. These new x86 RTX SOCs will power a wide range of PCs that demand integration of world-class CPUs and GPUs.

NVIDIA will invest $5 billion in Intel’s common stock at a purchase price of $23.28 per share. The investment is subject to customary closing conditions, including required regulatory approvals.

“AI is powering a new industrial revolution and reinventing every layer of the computing stack — from silicon to systems to software. At the heart of this reinvention is NVIDIA’s CUDA architecture,” said NVIDIA founder and CEO Jensen Huang. “This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing.”

“Intel’s x86 architecture has been foundational to modern computing for decades — and we are innovating across our portfolio to enable the workloads of the future,” said Lip-Bu Tan, CEO of Intel. “Intel’s leading data center and client computing platforms, combined with our process technology, manufacturing and advanced packaging capabilities, will complement NVIDIA’s AI and accelerated computing leadership to enable new breakthroughs for the industry. We appreciate the confidence Jensen and the NVIDIA team have placed in us with their investment and look forward to the work ahead as we innovate for customers and grow our business.”

Press Conference: The CEOs of NVIDIA and Intel will conduct a webcast press conference at 10 a.m. Pacific time (1 p.m. Eastern time) today to discuss the announcement. The webcast will be available for the public to listen in here: https://events.q4inc.com/attendee/108505485

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

Press Contact: Ken Brown, NVIDIA PR, press@nvidia.com

About Intel
Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

Press Contact: Cory Pforzheimer, Intel Corporate and Product Communications, cory.pforzheimer@intel.com
If you have any questions, or would like to contact Investor Relations, please reply to this email.[/TD]

Intel Corporation
2200 Mission College Boulevard, Santa Clara, CA 95054 United States of America
https://www.intc.com
 
View Lip-Bu Tan’s  graphic link
Lip-Bu TanLip-Bu Tan 33 minutes ago •
I am thrilled to announce a deep collaboration with my good friend Jensen Huang and the NVIDIA team to co-develop multiple generations of custom data center and PC products. We are bringing together the core strengths of our two great companies: NVIDIA in AI and accelerated computing, and Intel Corporation in CPUs for data center and client.

It is also a powerful validation of the x86 architecture and NVIDIA NVLink – showing just how foundational we will be in driving the next era of AI infrastructure and personal computing.

We are honored by the trust NVIDIA has placed in us and are excited to deliver innovation that benefits customers around the world.

Tune in to the press conference today at 10am pacific: https://lnkd.in/gey8fhTQ

Learn more: https://lnkd.in/g7YaA47j

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If you can't beat them join them. Intel has already recognized that it's already late to compete in the AI training race, so they are joining NVidia by adding support for NVlink, something similar to what IBM did few years ago.
 
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If you can't beat them join them. Intel has already recognized that it's already late to compete in the AI training race, so they are joining NVidia by adding supporting NVlink, something similar to what IBM did few years ago.
What happened to IBM? Was architectural difference of POWER too difficult to solve?

Similarly ARM. Nvidia has its own ARM servers, is x86 just so much better?

In any case, good news for x86 fortress after years of attacks from multiple directions.
 
What happened to IBM? Was architectural difference of POWER too difficult to solve?

Similarly ARM. Nvidia has its own ARM servers, is x86 just so much better?

In any case, good news for x86 fortress after years of attacks from multiple directions.
If I recall well, IBM added NVLink support in both Power 9 & 10 then stopped, probably the ROI wasn't worth it. At the the time, both Intel and AMD refused to implement NVLink. Now Intel is reversing course as they realized that it's too late to participate in the AI training race.
 
Whats the likelihood this gets regulatory approval?
This is not a buyout so no regulatory approval required.
Similarly ARM. Nvidia has its own ARM servers, is x86 just so much better?

In any case, good news for x86 fortress after years of attacks from multiple directions.
x86 Has too much Software written for DC market many people complaints of missing Feature in DC and ARM DC software is not yet mature. One such example is nested virtualization only availble on x86.
 
If I recall well, IBM added NVLink support in both Power 9 & 10 then stopped, probably the ROI wasn't worth it. At the the time, both Intel and AMD refused to implement NVLink. Now Intel is reversing course as they realized that it's too late to participate in the AI training race.
NVLink integration was Power 8 & 9.
 
This is not a buyout so no regulatory approval required.
That's my understanding.
x86 Has too much Software written for DC market many people complaints of missing Feature in DC and ARM DC software is not yet mature. One such example is nested virtualization only availble on x86.
Arm supports nested virtualization, though the x86 implementations have demonstrated better performance in the past. I haven't seen a recent performance comparison though.

 

"He proposed that Intel’s eight largest customers, including Apple, Google, and Nvidia, should each contribute $5 billion in return for guaranteed domestic supply and pricing leverage against Asian competitors."
----

Jensen listen to Craig Barrett to invest 5 billions on Intel. Next will be other 7 largest customers?
 

"He proposed that Intel’s eight largest customers, including Apple, Google, and Nvidia, should each contribute $5 billion in return for guaranteed domestic supply and pricing leverage against Asian competitors."
----

Jensen listen to Craig Barrett to invest 5 billions on Intel. Next will be other 7 largest customers?
Unless Intel starts fabricating Nvidia GPUs, this partnership doesn't come close to ensuring a domestic supply.
 
This is a lot worse than what i thought they need their own GPU IP. The problem i see is Nvidia is going to do the GPU Chiplets at TSMC so there is loss of Volume at Intel fabs
 
btw does that mean Intel GPU IP is dead end now? @Daniel Nenni @blueone what do you guys think about that?
I lean "no" on this;

Right now Intel is getting nearly 0% of the AI market revenue. This transaction with Nvidia will give them a piece of the AI market.

ARC itself today has some overlap with Nvidia in the AI space, but not totally -- it's servicing the bottom of the market only. ARC also serves the gaming (niche?) market, with a real opportunity for growth in market share/revenue there. Last but not least - ARC is keeping Intel's "APUs" very competitive with AMD, and as the mobile/laptop market is the last stronghold Intel has -- I think they'll keep investing in ARC architecture just to at least ensure strong iGPUs going forward.
 
Whats the likelihood this gets regulatory approval?
Doesn’t need regulatory approval. Not a merger - just a partnership and minority stake. It might face some scrutiny if it facilitates monopolist behaviors, but Qualcomm is already has access to NVLink.
 
Doesn’t need regulatory approval. Not a merger - just a partnership and minority stake. It might face some scrutiny if it facilitates monopolist behaviors, but Qualcomm is already has access to NVLink.
The monopolistic part is if Intel gives up GPU IP in exchange for Money
 
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