Intel Corp. (INTC) Hits Historic High After Nvidia $5-Billion Investment, Partnership

Core Viewpoint - Intel Corp. has reached an all-time high in stock price following a $5 billion investment from Nvidia Corp., which includes a partnership to co-develop AI infrastructures and personal computing products [1][3]. Investment Details - Nvidia acquired $5 billion of Intel shares at a price of $23.28 each, pending regulatory approvals [3]. - In intra-day trading, Intel's stock peaked at $32.38 before closing at $30.57, marking a 22.77% increase [2]. Partnership Focus - The collaboration will focus on developing multiple generations of custom data center and PC products aimed at enhancing applications and workloads across various markets, including hyperscale and enterprise [4]. - Intel will create NVIDIA-custom x86 CPUs for integration into NVIDIA's AI infrastructure platforms [5]. - For personal computing, Intel will produce x86 system-on-chips (SOCs) that incorporate NVIDIA RTX GPU chiplets, catering to high-performance PC demands [6]. Strategic Integration - The partnership aims to seamlessly connect Intel and NVIDIA architectures using NVLink, combining NVIDIA's AI capabilities with Intel's CPU technologies [5].