#intel-turnaround

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#ai-hardware #nvidia-partnership #us-government-funding #nvidia-intel-investment #tsmc-manufacturing-risk
Tech industry
fromFortune
6 days ago

Intel CFO says CEO Lip-Bu Tan is big on balance sheet discipline as U.S. and Nvidia funding accelerate turnaround | Fortune

Intel is pursuing a turnaround leveraging government funding, major private investments, and a partnership with Nvidia to regain competitiveness in AI chips.
Silicon Valley
fromwww.aljazeera.com
1 month ago

Nvidia to become one of Intel's biggest shareholders with new investment

Nvidia will invest $5bn in Intel, buy shares at $23.28 each, jointly develop chips with Intel, and could reshape competitive and manufacturing dynamics involving TSMC and AMD.
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