Nvidia said Thursday it would invest $5 billion in Intel, throwing its heft behind the struggling chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a massive stake in the company.The stake will instantly make Nvidia one of Intel’s largest shareholders, giving it roughly 4% of the company after new shares are issued to complete the deal. Nvidia’s support represents a new opening for Intel after years of turnaround efforts failed to pay off, and it ...

At Cash Flow Club , we focus on businesses with strong cash generation, ideally with a wide moat and significant durability. When these companies are bought at the right time, that can be highly rewarding for us. If you are interested in joining our community, start right here !On Thursday morning, Intel Corporation (NASDAQ: INTC ) and NVIDIA Corporation (NASDAQ: NVDA ) announced a deal that will see the two companies work together in chip development. Nvidia will also take aHe is a contributing author for ...

Intel Corp (NASDAQ:INTC) stock is up 26.4% to trade at $31.46 at last glance, following news that sector peer Nvidia (NVDA) will invest $5 billion in the chipmaker to collaborate on the development of PC and data center chips. INTC is on track for its biggest single-day percentage gain on record, while pacing for its third daily gain in four. Now sporting a 55.8% year-over-year lead, the equity earlier hit a fresh 52-week peak of $31.79, bouncing off a floor at $24 that came into place in late August.The op ...

Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) announced a new partnership on Thursday, September 18, working on several generations of custom data center and computing chips designed to boost performance in hyperscale, enterprise, and consumer applications.As part of the collaboration, Nvidia, the undisputed leader of the semiconductor sector, will also invest $5 billion in Intel by purchasing its common stock at a price of $23.28 per share.Following the news, Intel stock jumped more than 30% in pre-market ...

The US government’s bet on Intel is paying off in a big way after a surprise investment from Nvidia sparked the biggest rally in the chipmaker’s shares in nearly four decades https://t.co/DoajhTpVQ5 ...

I've no doubt the president's happier with this move. Noninferior for an intel higher by almost 30% in the free market. Your first reaction to that deal.Well, I mean, look, from an investor in video perspective, I don't see a big strategic rationale given Intel has been such a big competitor over the years, except for the fact that Nvidia has a very healthy balance sheet and it's been making investments in core Veev and some other cloud providers. So $5 billion is not a big amount for them given their balan ...

The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence. ...

Nvidia stock recovered on Thursday after a sharp decline in the previous session, as investors reacted positively to a $5 billion investment in rival Intel Corp. and awaited further clarity on US-Chin... ...

We're joined by Diane King Hall who's taking a look at the Intel Nvidia big story of the day and it's leading. >> Big story of the day. Yeah, it is.I mean, look, uh, investors already had momentum before this story. So, it just adds to further credence that we're going to continue to see big spending as it relates to the tech sector, right. You have to spend big to, you know, make big dollars here.And the idea is that this spending will offer a return. So, Nvidia making a $5 billion bet as it relates to Int ...

US stocks rallied on Thursday, with the S&P 500 and Nasdaq Composite climbing to fresh record highs as investors piled back into technology shares following the Federal Reserve's rate cut. The S&P 500... ...