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Nvidia is investing $5 billion in Intel and will co-develop chips for PCs and data centers, the companies announced Thursday. https://t.co/xNepRjEwAH ...

Nvidia (NASDAQ:NVDA) CEO Jensen Huang said Taiwan Semiconductor Manufacturing (NYSE:TSM) will provide the foundry support for the "revolutionary" chips they are making with Intel (NASDAQ:INTC). "Nvidia and Intel are both successful customers of TSMC," Huang said during a press conference on ...

And Intel shares are surging this morning after Nvidia announced a $5 billion investment in the company. The two companies will also work together to develop chips for data centers and PCs. Joining us for more, Patrick Moore had more inside strategy founder, CEO, and chief analyst.Pat, you are steeped in these semiconductor companies. You know the history well. You know the product cycle well.What does this mean. I mean, this is a surprise here. Um, what does this mean for Intel.First of all, let's take tha ...

And Intel shares are surging this morning after Nvidia announced a $5 billion investment in the company. The two companies will also work together to develop chips for data centers and PCs. Joining us for more, Patrick Moore had more inside strategy founder, CEO, and chief analyst.Pat, you are steeped in these semiconductor companies. You know the history well. You know the product cycle well.What does this mean. I mean, this is a surprise here. Um, what does this mean for Intel.First of all, let's take tha ...

The FOMC cut interest rates, but the media response indicated that the cuts were less than expected. However, the headlines focused on next year’s tepid outlook for only 25 basis points of cuts are missing the forest for all the trees. While next year’s outlook is tepid, the forecast for another 50 bps of cuts this year is aggressive. The takeaway is that the FOMC is planning to cut rates by 100 bps between September 2025 and, potentially, mid-year 2026, providing financial relief throughout the system. The ...

Mike, the call just ended with the press right now. Three main points that I'm seeing. So, the first one was uh they said that they were working on this partnership very quietly.There was no collaboration with the White House, President Trump. They were just really announced it to them very very recently. I know there was concerns given that uh the White House did invest in Intel about a month ago.So, according to uh both leaders in the White House had nothing to do with this deal. The second part is that y ...

Mike, the call just ended with the press right now. Three main points that I'm seeing. So, the first one was uh they said that they were working on this partnership very quietly.There was no collaboration with the White House, President Trump. They were just really announced it to them very very recently. I know there was concerns given that uh the White House did invest in Intel about a month ago.So, according to uh both leaders in the White House had nothing to do with this deal. The second part is that y ...

[Music] Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, full coverage on the Fed as the central bank kicks off its rate cutting cycle. Plus, Nvidia and Intel striking a deal.We'll break down what it means for both chip companies. And we get a read on the state of the consumer as Olive Garden parent reports earnings. We'll break down those numbers.Plus, let's get a check of the markets right now. ...

🚨 NEW: Nvidia to Invest $5B in Intel and Develop Data Centers, PCs; AI Tokens Climb.https://t.co/XnvQrUkPDm ...