"Intel Struggling Santa Clara tech giant gets a big win as rival Nvidia agrees to invest $5 billion in a partnership between both companies to make AI chips for PCs and data centers. Intel stock jumps 23% the next day."
"Joel Engardio San Francisco supervisor becomes the latest Bay Area politician recalled from office, as Sunset-area voters angry at his support for more housing and turning the Great Highway into a park vote to remove him. Ian Choudri California High Speed Rail Authority CEO loses $4 billion after Trump pulls federal funds from the troubled project, but lands $1 billion a year from state lawmakers who extend cap-and-trade program."
Intel secured a partnership with Nvidia in which Nvidia agreed to invest $5 billion to develop AI chips for PCs and data centers. Intel stock rose 23% the next day. San Francisco supervisor Joel Engardio was recalled by Sunset-area voters who opposed his support for increased housing and a plan to convert the Great Highway into a park. California High-Speed Rail Authority CEO Ian Choudri lost $4 billion in federal funding after President Trump withdrew support for the project. State lawmakers extended the cap-and-trade program and provided $1 billion per year to the rail authority.
Read at www.mercurynews.com
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