Zhong Guo Zheng Quan Bao·2025-09-18 12:54Core Insights - NVIDIA announced a $5 billion investment in Intel, marking a significant collaboration in AI infrastructure and personal computing products [1] - Following the announcement, Intel's stock surged over 30% in pre-market trading, while NVIDIA's stock rose over 3% [1] Investment Details - NVIDIA will purchase Intel shares at $23.28 each, approximately 6.5% lower than Intel's closing price of $24.90 on September 17 [1] - Post-transaction, NVIDIA is expected to hold over 4% of Intel's shares, becoming a significant shareholder [1] Collaboration Agreement - In the data center sector, Intel will customize x86 CPUs for NVIDIA, which will integrate them into its AI infrastructure platform [1] - In the consumer market, Intel will manufacture x86 system-on-chip solutions that incorporate NVIDIA's RTX graphics cards for high-performance PCs [1] - NVIDIA's CEO referred to the agreement as a "historic collaboration" between the two computing platforms [1] - Intel's CEO stated that this partnership will enhance NVIDIA's leadership in AI and accelerated computing [1] Historical Context - NVIDIA and Intel have a long-standing relationship, having previously collaborated on integrated graphics solutions [2] - The rise of AI has intensified competition, with NVIDIA dominating large model training through its GPUs [2] - Intel's former CEO indicated a drive within the industry to challenge NVIDIA's position, while NVIDIA has gradually entered the CPU market since 2020, directly competing with Intel [2]