Jensen Huang Wants You to Know He's Getting a Lot Out of the 'Fantastic' Nvidia-Intel Deal

"In a press briefing, Huang emphasized that the deal will allow Nvidia to scale its rack architecture systems that combine 72 GPUs with custom CPUs. Huang also said that working with Intel means Nvidia can take a bigger slice of the personal device market. "There are 150 million laptops sold per year," he said. "We're now creating a system-on-a-chip that fuses two processors into one giant SoC, and that will become a new class of integrated laptops that the world has never seen before.""

"Nvidia, which has a market cap of $4.3 trillion, said today that it will invest $5 billion in Intel, the struggling US chipmaker that was recently at the center of an unorthodox investment deal with the US government. Intel shares jumped more than 30 percent following the news. The two American chip makers are also entering into a product collaboration. Intel said in a statement early Thursday morning that "Intel's leading CPUs and x86 ecosystem will be seamlessly connected with NVIDIA's AI and accelerated computing capabilities using NVLink," referring to Nvidia technology that connects CPUs with GPUs."

"Nvidia's investment comes on the heels of the US government taking a roughly 10 percent stake in Intel by converting billions of dollars in CHIPS Act grants into an equity investment. The US government has also been reevaluating export controls, which have limited Nvidia's (and AMD's) ability to sell advanced GPUs to China. The administration recently said that it would grant export licenses to Nvidia and AMD, enabling them to sell certain chips to China, if th"

Nvidia will invest $5 billion in Intel and enter a product collaboration connecting Intel CPUs with Nvidia GPUs using NVLink. Intel's shares rose more than 30 percent after the announcement. The companies plan to jointly develop custom data center and PC chips and to integrate processors into new system-on-a-chip designs for laptops. Nvidia expects the collaboration to scale rack architectures combining 72 GPUs with custom CPUs and to expand its personal-device market share, estimating a $25–$50 billion annual opportunity. The US government recently converted CHIPS Act grants into about a 10 percent Intel stake and is reevaluating export controls affecting GPU sales to China.

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