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Nvidia to invest $5 billion in Intel; companies will work together on products for data centers, PCs

Nvidia announces a new partnership with Intel
FILE - Visitors give commands to a robot at Nvidia's booth during the 3rd China International Supply Chain Expo at the China International Exhibition Center, in Beijing, July 18, 2025. (AP Photo/Mahesh Kumar A., File)
FILE - Visitors give commands to a robot at Nvidia's booth during the 3rd China International Supply Chain Expo at the China International Exhibition Center, in Beijing, July 18, 2025. (AP Photo/Mahesh Kumar A., File)
1 hour ago

NEW YORK (AP) — Chipmaker Nvidia announced a new partnership with semiconductor company Intel on Thursday.

Nvidia and Intel will team up to work on custom data center and personal computer products, Nvidia said in a press release.

Nvidia also said it's investing $5 billion in the common stock of Intel, which has been struggling. The deal is subject to regulatory approvals.

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