Nvidia Bets Big on Intel With $5B Investment
1. Nvidia invests $5 billion in Intel, co-developing chips. 2. Intel shares surged over 25% after the announcement. 3. Nvidia's stock purchase is at $23.28 per share, a 7% discount. 4. Custom chips will enhance Nvidia's AI infrastructure and Intel's offerings. 5. Analysts predict improved prospects for Intel in the long-term.