BlockBeats News, September 18th, NVIDIA (NVDA.O) announced on Thursday that it will invest $5 billion in Intel (INTC.O) to support the struggling American chip fabrication company, but did not award Intel any key chip manufacturing orders. The agreement also includes plans for Intel and NVIDIA to jointly develop personal computer and data center chips, posing a potential risk to TSMC (TSM.N).
Currently, TSMC is responsible for producing NVIDIA’s flagship processors; as the world’s most valuable company, NVIDIA may potentially shift this part of its business to Intel in the future. Additionally, AMD, which competes with Intel in the data center chip supply field, may suffer losses due to NVIDIA’s support for Intel.
Following this news, Intel (INTC.O) surged nearly 20% in pre-market trading, NVIDIA (NVDA.O) rose by 2.34%, and TSMC (TSM.N) fell by 0.49%. (Jinse)
