Sou Hu Cai Jing·2025-09-22 17:48Core Viewpoint - Nvidia plans to invest $5 billion to acquire Intel shares as part of a partnership to develop new chips, indicating a significant shift in computing driven by artificial intelligence [2][6]. Group 1: Investment and Partnership - Nvidia will purchase Intel shares at $23.05 each, representing a discount of over 5% from Intel's closing price, potentially making Nvidia the largest shareholder with approximately 4% of Intel [5]. - The partnership will focus on both data center and consumer markets, with Intel developing optimized CPUs to work alongside Nvidia GPUs [2][7]. Group 2: Market Reaction - Following the announcement, Intel's stock surged over 20%, while Nvidia's stock increased by 3.8%, reflecting a positive market response to the partnership [2][8]. - Analysts suggest that Nvidia stands to gain more from the deal, as it provides a direct pathway into Intel's PC ecosystem and enhances enterprise AI applications [2][8]. Group 3: Technological Developments - The collaboration will allow for the use of NVLink technology, which offers over 10 times the throughput compared to PCIe, enhancing the performance of data center operations [2][7]. - Nvidia aims to integrate custom chips developed with Intel into its AI infrastructure platform, including the advanced DGX systems [3][4]. Group 4: Strategic Implications - This partnership is seen as a confidence boost for Intel, providing capital and stability during its transformation phase amid competition from Nvidia [2][5]. - Nvidia's control over CPU development is expected to strengthen its position in local data centers and broaden its customer base in edge markets [5][7].