Tech industry
fromComputerworld
1 day agoServer revenue hits record in Q3
Global server revenues hit $112.4B in Q3 2025, up 61% YoY, led by GPU-enabled systems and rapid non-x86 server growth.
Struggling chip maker Intel received a significant lifeline on Thursday from longtime rival Nvidia. The AI chip giant it would make a $5 billion investment in Intel and partner to develop chips based on Intel's x86 microprocessor standard. The move is seen as a way for Nvidia to broaden its lead with artificial intelligence by reaching more enterprises that rely on x86 technology to run their IT systems. Also: Deploying agentic AI? You'll probably do business with these 3 companies Intel stock had been up 24% this year through Wednesday's close, but the announcement drove its shares up by another 23% in Thursday afternoon trading. During a conference call Thursday afternoon to discuss the deal, Nvidia CEO Jensen Huang said Nvidia plans to be a "major customer" for Intel's Xeon line of server CPUs.