3 6 Ke·2025-09-22 04:04Core Viewpoint - NVIDIA has announced a $5 billion investment to acquire a stake in Intel, marking a significant shift in their historical 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, making it one of Intel's major shareholders [4]. - Following the announcement, Intel's stock price surged over 30%, closing with a gain of more than 23%, the largest increase since 1987 [2][4]. Group 2: Strategic Collaboration - The agreement between NVIDIA and Intel includes plans for further collaboration, with NVIDIA aiming to penetrate the home computing market and Intel focusing on developing data center chips [2][4]. - NVIDIA's CEO Jensen Huang expressed confidence in the investment, calling it an "incredible investment," while Intel's new CEO Pat Gelsinger thanked Huang for his trust [4][6]. Group 3: Market Context and Challenges - Despite the investment, Intel faces significant challenges, including a lack of customers for its foundry services since entering the chip manufacturing business in 2021 [10][12]. - Analysts suggest that NVIDIA's investment may only provide short-term relief for Intel, and recommend that Intel consider separating its chip design and manufacturing operations to attract more clients [14][16]. Group 4: Historical Context - The investment is reminiscent of Microsoft's $150 million investment in Apple in 1997, highlighting a potential historical parallel in the tech industry [20]. - The collaboration between NVIDIA and Intel could pose a threat to competitors like TSMC and AMD, as Intel may leverage NVIDIA's support to enhance its manufacturing capabilities [18][16].