Nvidia (NVDA) stock jumped roughly 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement that the partnership will allow OpenAI to deploy “at least 10 gigawatts” of compute capacity from the chipmaker’s AI systems to train and…
Beijing’s decision this week to ban Chinese companies from using microchips made by US firm Nvidia indicates the country is increasingly confident about replacing them with domestically produced chips, experts say. Experts believe that after years of research, China can now produce chips that could replace the H20, the most powerful model chip Nvidia is…
US-sanctioned Huawei’s disclosure “is educating the market about what’s ahead”, while signalling that the Shenzhen-based company “can match Nvidia’s multi-year road map”, said Kevin Xu, founder of US-based investment firm Interconnected Capital. Huawei deputy chairman Eric Xu Zhijun, who serves as the privately held company’s rotating chairman from April to September, unveiled the plans to…
Despite years of troubled performance and failed strategies, the great icon of the semiconductor industry, Intel, has two new major shareholders that can give it new hope for recovery: the United States government, with a bit less than a 10% stake, and the most important design firm in the world, Nvidia, with about 5% ownership. …
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) is betting big on Intel (INTC, Financials). The world’s most valuable chipmaker is investing $5 billion for about a 4% stake in Intel and teaming up to develop new PC and data center chips. The deal immediately lit up Wall Street. Intel shares soared 23% as…
Tim Cook, CEO of Apple, turns around before President Donald Trump speaks during a dinner in the State Dinning Room of the White House, in Washington. At left is OpenAI CEO Sam Altman, and at right is Gerelym Gilbert-Soto. (AP/PTI) (AP09_05_2025_000016A) Apple CEO Tim Cook, OpenAI‘s Sam Altman, Nvidia’s Jensen Huang, and Microsoft CEO Satya…
Investors may have cheered Nvidia’s (NVDA) announcement that it will take a $5 billion stake in Intel (INTC), with shares of the latter soaring as much as 30% Thursday. But the investment does little to solve what is arguably Intel’s biggest problem: how to fix its ailing contract chip manufacturing business. As part of the…
Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia. At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link up to 15,000 graphics cards, including Huawei’s Ascend AI chips, together to increase compute power. This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips. Technology like this is critical for Huawei…
One of the world’s most valuable companies is throwing Intel a lifeline. Nvidia, which has a market cap of $4.3 trillion, said today that it will invest $5 billion in Intel, the struggling US chipmaker that was recently at the center of an unorthodox investment deal with the US government. Intel shares jumped more than…
The Trump Administration had no involvement in the partnership at all, and they would have been very supportive, of course. And today I had the opportunity to tell Secretary Lutnick, and he was very excited, very supportive of seeing American technology companies working together. Source link