Nvidia Buys $5B in Intel
Paul Alcorn (via Hacker News):
In a surprise announcement that finds two long-time rivals working together, Nvidia and Intel announced today that the companies will jointly develop multiple new generations of x86 products together — a seismic shift with profound implications for the entire world of technology. Before the news broke, Tom’s Hardware spoke with Nvidia representatives to learn more details about the company’s plans.
The products include x86 Intel CPUs tightly fused with an Nvidia RTX graphics chiplet for the consumer gaming PC market, named the ‘Intel x86 RTX SOCs.’ Nvidia will also have Intel build custom x86 data center CPUs for its AI products for hyperscale and enterprise customers. Additionally, Nvidia will buy $5 billion in Intel common stock at $23.28 per share, representing a roughly 5% ownership stake in Intel.
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Nvidia emphasized that the companies are committed to multi-generation roadmaps for the co-developed products, which represents a strong investment in the x86 ecosystem. But representatives tells us it also remains fully committed to other announced product roadmaps and architectures, including the company’s Arm-based GB10 Grace Blackwell processors for workstations and the Nvidia GraceCPUs for data centers, as well as the next-gen Vera CPUs.
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