NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products

NVIDIA (NASDAQ: NVDA) and Intel (NASDAQ: INTC) announced a wide-ranging partnership to co-develop custom data center and PC products that integrate NVIDIA’s AI and accelerated computing with Intel’s CPUs and x86 ecosystem. The collaboration will leverage NVIDIA’s NVLink technology to connect the companies’ architectures, with Intel set to build custom x86 CPUs for NVIDIA’s AI infrastructure platforms and new x86 system-on-chips featuring NVIDIA RTX GPU chiplets for PCs. Alongside the product collaboration, NVIDIA will invest $5 billion in Intel’s common stock at $23.28 per share, pending regulatory approvals.