Core Viewpoint - The collaboration between NVIDIA and Intel is expected to open new opportunities in the laptop market for NVIDIA, positioning it as a major customer for Intel's server CPUs, with a potential market opportunity of $25 billion to $50 billion [3][4][9]. Group 1: Collaboration Details - The partnership focuses on the development of custom chips, with NVIDIA gaining access to x86 architecture, enhancing its capabilities in supercomputing and gaming markets [6][9]. - NVIDIA plans to integrate Intel's custom x86 CPUs into its AI infrastructure, while Intel will create systems-on-chip (SoCs) that combine NVIDIA's RTX GPUs for various PCs [7][9]. - The collaboration is seen as a significant moment in the tech industry, leveraging the core strengths of both companies to benefit the broader technology sector [6][9]. Group 2: Market Reactions - Following the announcement, Intel's stock surged by approximately 22.8%, marking its largest single-day gain since October 1987, while TSMC's stock experienced a slight increase [4][14]. - NVIDIA's stock also saw a rebound, rising by about 3.5% after the announcement, while its competitor AMD's stock faced a decline [14]. Group 3: Impact on TSMC and AI Chips - Analysts believe that the collaboration poses manageable risks for TSMC, which is expected to maintain its leading position in advanced processes until at least 2030, with AI chip orders remaining unaffected [4][10]. - The partnership is anticipated to create significant synergies in the x86/mid-range/inference AI server sectors, leveraging Intel's extensive distribution channels and NVIDIA's technological advantages [9][10]. Group 4: Political Context - NVIDIA's $5 billion investment in Intel is viewed by some as a strategic move to align with political interests, particularly in light of previous investments from other tech firms aimed at gaining favor with the Trump administration [7][8]. - The nature of the collaboration raises questions about whether it is primarily politically motivated or indicative of a broader strategic partnership [8]. Group 5: Commitment to Arm Architecture - NVIDIA's commitment to its Arm architecture roadmap remains unchanged despite the new collaboration, with assurances that the development of Arm-based chips will continue [11][12].

Group 1 - Nvidia announced a $5 billion investment in Intel to support the struggling chipmaker, but did not grant key chip manufacturing orders [3] - Alibaba's founder Jack Ma is reportedly making a strong return to the company, focusing on AI and competing with rivals like JD and Meituan [3] - DeepSeek issued a statement warning against fraudsters impersonating the company for scams related to "computing power leasing" and "equity financing" [4] Group 2 - Dongfeng Motor Group announced a joint venture to manufacture and sell smart off-road vehicles, indicating a strategic partnership with Man Technology [9] - Samsung plans to hire 60,000 new employees over the next five years, focusing on semiconductor, biotechnology, and AI sectors [7] - Amazon will invest over $1 billion to increase wages and reduce healthcare costs for its delivery employees, raising average wages to over $23 per hour [13] Group 3 - Apple is in discussions with suppliers for trial production of a foldable iPhone in Taiwan, aiming for mass production in India by 2026 [13] - The global first AI Database Agent was launched by Teable, which recently secured angel round financing from investors including ZhenFund and Baidu Ventures [14] - The new national standard for RVs in China will take effect on March 1, 2026, prohibiting sleeping and bathing while the vehicle is in motion [19]

双方结盟对于英伟达的对手未必是好事。德森资本管理公司创办人安德森说，对AMD而言，两大厂结 盟，将让AMD在数据中心和客户市场面对竞争压力。 彭博前专栏作家高灿鸣（Tim Culpan）预测，AMD将跟进入股英特尔，苹果也许正在考虑。对IC设计 业者来说，此举不是为了投资，而是要保护资金。英伟达和AMD出口芯片到中国大陆，会被美国政府 抽成15%。倘若能让特朗普政府放弃抽成，拿出50亿美元或许是更有成本效益的做法，苹果可能看法相 同。 至于双方合作对台积电（2330）的影响，Vital Knowledge公司指出，英伟达未承诺对英特尔晶圆代工部 门单独下单，至少目前如此，此点极为重要，合作案不该视为台积利空。 英特尔执行长陈立武在社群媒体上秀出与英伟达执行长黄仁勋的合照，展示合作决心，产品方面，双方 共同开发客制化数据中心与PC产品，包括英特尔为英伟达打造数据中心所需客制化x86 CPU，在个人运 算方面，英特尔将推出整合英伟达RTX GPU芯片的x86系统单芯片。不过这项合作实际能否在CPU或晶 圆代工部分抢到英特尔竞争对手的订单或市占率，还得看英特尔的技术进程与制造量产能力，能不能走 出当前艰难处境。 英 ...

Core Insights - Apple has secured over half of TSMC's (Taiwan Semiconductor Manufacturing Company) 2-nanometer capacity for 2026, which is expected to enhance its competitive edge by utilizing the most advanced manufacturing processes ahead of its rivals [1][2] - TSMC is set to begin mass production of 2-nanometer chips in the second half of 2025, with Apple being its largest customer, contributing NT$624.3 billion in revenue for 2024, marking a 14.2% year-on-year increase [1][2] - Apple is likely to adopt TSMC's latest packaging technology, Wafer-Level Multi-Chip Module (WMCM), for several upcoming products, including the M6 chip for MacBook Pro and new models of Vision Pro and iPhone [1] Group 1 - Apple has been TSMC's largest customer for advanced processes over the past decade, benefiting significantly from the inability of competitors to access the latest technologies [2] - TSMC's 2-nanometer production facilities are planned for Baoshan in Hsinchu and Kaohsiung, with the Baoshan facility's initial capacity fully booked by Apple, while Kaohsiung will support non-Apple clients [2] - TSMC's future capacity expansion plans include multiple phases at Baoshan and Kaohsiung, with potential upgrades at the Nanke facility to meet strong customer demand [2] Group 2 - TSMC has indicated that the design approval for 2-nanometer products will exceed that of 3-nanometer and 5-nanometer in the same timeframe, with a production curve similar to that of 3-nanometer technology [2] - The introduction of N2P process technology as an extension of the 2-nanometer family is anticipated, targeting applications in smartphones and high-performance computing (HPC), with mass production expected in the second half of 2026 [2]

Core Viewpoint - NVIDIA and Intel have announced a historic partnership focused on the development of custom chips, which is expected to open new markets for NVIDIA and make it a major customer for Intel's server CPUs, potentially addressing a market opportunity of $25 billion to $50 billion [1][5]. Group 1: Partnership Details - The collaboration will involve NVIDIA gaining access to x86 architecture, allowing for greater flexibility in expanding supercomputer capabilities [3]. - Both companies aim to create a new generation of integrated notebook chips that combine CPU and GPU processing [3]. - NVIDIA plans to invest $5 billion in Intel's common stock at a price of $23.28 per share, which is at a discount compared to the previous closing price [4]. Group 2: Market Reactions - Following the announcement, Intel's stock jumped 27.6% at the open, with intraday gains reaching 30%, marking the largest single-day increase since October 1987 [1]. - NVIDIA's stock also saw a rebound, rising approximately 3.9% during the day, while AMD's stock fell over 5.8% initially before narrowing its losses [12]. Group 3: Analyst Insights - Analysts believe the partnership could redefine the AI PC ecosystem and create significant synergies in the x86/mid-range/inference AI server market [7]. - The collaboration is seen as having manageable risks for TSMC, with expectations that TSMC's advanced process advantages will last at least until 2030 [8]. - There are questions regarding whether NVIDIA will utilize Intel's foundries for production, but NVIDIA has stated it will be a major buyer of Intel chips [6]. Group 4: Commitment to Arm Architecture - NVIDIA's CEO emphasized that the company's commitment to its Arm architecture roadmap remains unchanged despite the new partnership [9][10].

每经编辑｜金冥羽 9月18日，据英伟达官网消息，英伟达表示将向英特尔投资50亿美元，并宣布双方达成合作协议，计划在人工智能基础设施和个人计算产品上展开联合开 发。 根据合作协议，在数据中心领域，英特尔将为英伟达定制x86 CPU，由英伟达将其集成至AI基础设施平台；在个人计算领域，英特尔将生产并供应集成了 英伟达RTX GPU芯片的x86系统级芯片（SOC）。双方并未给出首批产品上市的时间表，并称此次公告不影响各自既定的未来规划。 受此消息提振，英特尔股价盘前直线飙升，一度大涨逾30%；英伟达股价盘前涨逾2%。 英伟达成为英特尔股东 台积电、AMD盘前大跌 根据协议，英伟达将以每股23.28美元的价格购买英特尔普通股，较英特尔周三收盘价（24.9美元）折让约6.5%，但高于美国政府上月以每股20.47美元入 股时的价格。今年8月，美国政府与英特尔达成协议，将以约89亿美元收购英特尔9.9%的股份，成为其最大股东之一。这笔投资部分来自美国《芯片法 案》提供的补贴。 值得注意的是，按照英特尔最新市值计算，交易完成后，英伟达预计持股英特尔逾4%，将成为英特尔重要股东之一。 "这一历史性的合作将英伟达的AI和加速计算 ...

Core Viewpoint - NVIDIA announced a $5 billion investment in Intel, marking a significant support for the struggling American chip giant following a recent government stake acquisition [1][2]. Group 1: Investment Details - After the transaction, NVIDIA will hold approximately 4% or more of Intel's new shares, becoming one of its largest shareholders [2]. - NVIDIA will purchase Intel's common stock at $23.28 per share, which is lower than Intel's closing price of $24.90 but higher than the government's previous investment price of $20.47 [2]. Group 2: Strategic Implications - The partnership allows for joint development of PC and data center chips, enhancing Intel's opportunities in the market [2]. - This investment is seen as a step for NVIDIA to diversify its investments in the U.S. and improve political relations, although it does not address larger issues in China [2][5]. Group 3: Market Impact - The announcement led to a 30% pre-market surge in Intel's stock, while NVIDIA's stock rose over 3% and AMD's stock fell nearly 4% [2][3]. - Intel has previously secured $2 billion from SoftBank and $5.7 billion from the U.S. government, indicating a strong cash position [3]. Group 4: Competitive Landscape - The collaboration poses potential risks for TSMC, which currently manufactures NVIDIA's flagship chips, as future production may shift to Intel [3]. - AMD may also face challenges in the data center market due to this partnership [3]. Group 5: Technological Development - Intel will design custom data center CPUs to be packaged with NVIDIA GPUs, enhancing chip interconnectivity crucial for AI applications [3][4]. - NVIDIA aims to provide custom GPUs for Intel's PC CPU packaging, potentially boosting Intel's competitiveness in the consumer market [3].

Core Viewpoint - Nvidia has agreed to invest $5 billion in Intel, aiming to support the struggling competitor while both companies will collaborate on chip development for PCs and data centers [2][3]. Investment Details - Nvidia will purchase Intel common stock at $23.28 per share, making it one of Intel's largest shareholders with a stake of less than 5% [3]. - Intel's market capitalization was $116 billion as of the last close, while Nvidia's market cap exceeds $4 trillion [3]. Strategic Collaboration - The partnership will integrate Nvidia's graphics technology into Intel's upcoming PC chips and provide processors for Nvidia's data center products [2][4]. - Nvidia's CEO emphasized the historical significance of this collaboration, merging Nvidia's AI and accelerated computing systems with Intel's CPU and x86 ecosystem [4]. Market Dynamics - Intel's reliance on Nvidia's technology highlights a shift in the computing industry, where Intel, once a dominant player, now seeks support from its former rival [3][5]. - The collaboration aims to enhance Intel's competitiveness against AMD in the desktop and laptop markets [4]. Financial Context - The investment follows a previous $2 billion injection from SoftBank into Intel, indicating growing capital reserves for the company [3]. - Nvidia's sales are projected to reach approximately $200 billion this year, with its data center division surpassing the total sales of any other chip company [6]. Industry Positioning - Intel has lagged in AI-specific computing investments, exacerbating its challenges due to manufacturing technology delays [6]. - The partnership reflects Intel's shift towards a more open strategy under its new leadership, seeking collaboration and opening its factories to competitors [6].

英伟达重磅出手！ 受英伟达重金入股的消息刺激，英特尔股价在周四盘前一度暴涨超34%。根据最新披露的协议，英伟达将斥资50亿美元入股英特尔，并将与其联合开发面向PC与数据 中心的芯片。 英伟达首席执行官黄仁勋表示："此次历史性合作将英伟达的AI和加速计算堆栈与英特尔的CPU和庞大的x86生态系统紧密结合，实现了两大世界级平台的融合。我们 将携手拓展生态系统，为下一个计算时代奠定基础。"完成交易后，英伟达可能持有英特尔4%及以上的股份，成为英特尔的大股东之一。不过，双方的合作协议没有 涉及英伟达芯片的代工业务。 有分析指出，英伟达的入股或将为英特尔带来重大机遇。在此之前，英特尔在高性能芯片市场节节败退，英伟达的加入，将进一步稳固英特尔的资金链，在业务层面 也将有重大合作空间。 英特尔暴涨 9月18日，美股盘前，英特尔股价直线拉升，一度暴涨超34%，截至北京时间19:40，涨幅达29.2%，股价报32.17美元。 | 24.900+ | 25.260 今 开 | 25.075 | | --- | --- | --- | | -0.370 -1.46% | 24.450 昨 收 - - - 最 低 | 25.270 ...

【#英伟达将向英特尔投资50亿美元#】#英特尔股价盘前暴涨# 当地时间9月18日，英伟达公司宣布将以 每股23.28美元的收购价，向英特尔公司投资50亿美元，并表示两者将共同开发用于PC和数据中心的芯 片。 英特尔股价在盘前交易中飙升超30%，英伟达股价盘前上涨3%。台积电美股盘前跳水超2%。（每经综 合，德塔） | 英特尔 | | | | | | --- | --- | --- | --- | --- | | INTC US L1-标 | | | | | | 1.00 | 高 25.260 昨收 | 25.270 | 量比 | | | 24.900 | 1.36% | 金额 15.72亿 | 低 24.450 | 换手 | | -0.370 -1.46% | 亏损 | 开 25.075 市值 1162.9亿 市盈 1 | | | | ⊙7:21 美东时间 | 盘前 31.800 | 6.900 27.71% | | | | 同花服 | 异动解读:英伟达拟收购英特尔普通股。1、英 ... ● × | 部席 | | | | 最新:31.800 6.900 27.71% | > 园 > | | | | | 33. ...