Sou Hu Cai Jing·2025-09-19 16:12Core Viewpoint - Nvidia has announced a $5 billion investment to acquire a stake in Intel, marking a significant shift in their long-standing rivalry and indicating a potential collaboration between the two companies [1][2][4]. Group 1: Investment Details - Nvidia will invest $5 billion to acquire approximately 4% of Intel's shares, becoming one of its major shareholders [4]. - Intel's stock price surged over 30% following the announcement, closing with a gain of more than 23%, a performance not seen since 1987 [2][4]. Group 2: Strategic Implications - The partnership is expected to enhance collaboration, with Nvidia leveraging Intel's resources to penetrate the home computing market, while Intel aims to develop data center chips alongside Nvidia [2][4]. - Nvidia's CEO expressed confidence in the investment, calling it an "incredible investment," while Intel's new CEO thanked Nvidia for their trust [4]. Group 3: Market Context - This investment follows a previous government acquisition of 10% of Intel's shares, indicating a broader interest in stabilizing Intel's position in the market [6]. - Analysts suggest that Nvidia's investment may only provide short-term relief for Intel, which faces challenges in its chip manufacturing business and lacks significant external clients for its foundry services [8][10]. Group 4: Historical Perspective - The relationship between Nvidia and Intel has evolved from fierce competition to potential collaboration, reminiscent of past industry dynamics where companies shifted roles [12][14]. - Nvidia's investment parallels historical instances, such as Microsoft's investment in Apple in 1997, highlighting the cyclical nature of tech industry partnerships [18].