Zhong Guo Ji Jin Bao·2025-09-18 11:56Core Viewpoint - NVIDIA announced a $5 billion investment in Intel, marking a surprising move to support its struggling rival while both companies plan to jointly develop chips for PCs and data centers [1]. Group 1: Investment Details - NVIDIA will invest $5 billion in Intel at a share price of $23.28, leading to a pre-market surge of approximately 33% in Intel's stock price, reaching around $33 [1][2]. - The investment follows Intel's recent efforts to secure funding, including a 10% stake from the U.S. government and a $2 billion investment from SoftBank [3]. Group 2: Strategic Collaboration - Intel will incorporate NVIDIA's graphics technology into its upcoming PC chips and provide processors for NVIDIA's hardware-based data center products [3]. - The collaboration aims to combine NVIDIA's AI and accelerated computing stack with Intel's CPUs, enhancing both companies' ecosystems for the next generation of computing [3][4]. Group 3: Market Impact - Following the announcement, NVIDIA's stock rose over 3%, and European semiconductor stocks, including ASML, saw an increase of about 6% [4][6]. - The partnership highlights a shift in the power dynamics within the computing industry, as Intel seeks to regain competitiveness against AMD in the PC market [3].