Intel: NVIDIA Invests $5 Billion at $23.28 per Share. New Partnership for AI Solutions in Data Centers - Stock up 30%!
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A stunning development for our model portfolio stock Intel (i)! After Softbank and the US government positioned themselves, NVIDIA is now getting involved as well. For $5 billion, the leading AI chip company is entering at $23.28. A new strategic partnership is being formed. Intel is back in the game as NVIDIA has an incentive to have Intel manufacture its chips in the future. The companies will focus on seamlessly connecting NVIDIA and Intel architectures using NVIDIA NVLink – integrating NVIDIA's strengths in AI and accelerated computing...
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