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Core Viewpoint - Nvidia has made a significant move by acquiring the core technology of AI hardware startup Enfabrica for over $900 million, aiming to enhance its capabilities in AI infrastructure and talent acquisition [2][3]. Group 1: Acquisition Details - The acquisition was completed in early September 2025, utilizing a combination of cash and stock [3]. - Nvidia has not only acquired Enfabrica's technology but also its CEO Rochan Sankar and several key technical personnel [3]. - Nvidia previously participated in Enfabrica's Series B funding round in 2023, which raised $125 million, and in its Series C round in late 2024, which raised $115 million, leading to a post-investment valuation of approximately $600 million [3]. Group 2: Enfabrica's Technology - Enfabrica, founded in 2019, focuses on "AI large-scale connectivity," with its flagship products being the ACF-S "Millennium" super network card chip and the EMFASYS elastic memory fabric system [4]. - The ACF-S chip features a dual-interface design that connects over 100,000 GPUs efficiently, significantly enhancing data transfer efficiency and system stability [4][6]. - The EMFASYS system addresses GPU memory bottlenecks by providing a shared DDR5 memory pool, reducing costs and improving performance in AI inference scenarios [5][6]. Group 3: Strategic Importance - The acquisition is part of Nvidia's broader strategy to secure advanced AI infrastructure, as evidenced by its simultaneous $5 billion investment in Intel for AI processor development and a nearly $700 million investment in UK-based Nscale [6][7]. - Nvidia's focus on connection technology has been a key support for its AI cluster capabilities, with the Enfabrica acquisition seen as a strategic move to lock in next-generation GPU cluster connection technology [7]. - As AI model parameters grow exponentially, the ability to efficiently connect and manage large GPU clusters becomes increasingly critical, positioning Enfabrica's technology as a vital asset for Nvidia [7]. Group 4: Market Implications - Joining Nvidia provides Enfabrica's team with the opportunity for scaled technology deployment, leveraging Nvidia's global supply chain and resources for faster commercialization across key sectors such as data centers and autonomous driving [8].