NVDA's Week That Was: China Issues, INTC Investment

Core Insights - The partnership between Nvidia and Intel is seen as beneficial for both companies, with implications for the semiconductor industry as a whole [1][6][9] - Long-term revenue impacts from this partnership are expected to take a couple of years to materialize due to the lengthy chip design cycles [2] - Nvidia's current forecasts do not include any revenue from China, indicating a cautious approach to potential market access in that region [5][4] Nvidia and Intel Partnership - The collaboration is perceived as a strategic move that aligns Nvidia with U.S. policy, potentially enhancing its market position [11] - There are questions about whether this partnership extends beyond product tie-ups in PCs and servers, but both companies have indicated it does not [7][9] - Nvidia is not expected to shift its manufacturing to Intel in the near term, as Intel has yet to prove its manufacturing capabilities [8] Market Reactions - The semiconductor market reacted negatively to the partnership for AMD, indicating competitive pressures arising from Nvidia's strengthened position [6] - Overall, the semiconductor supply chain is benefiting from increased forecasts for components, driven by rising demand for AI technologies [10][11] Future Outlook - Nvidia is expected to gain a foothold in AI PCs, expanding beyond its traditional gaming sector [9] - The strength in AI demand is anticipated to remain a key narrative for the semiconductor industry over the next 6 to 18 months [9][10]