NVIDIA Invests $5B in Intel as Trump Boosts U.S. Chip Strategy


NVIDIA Invests $5B in Intel as Trump Boosts U.S. Chip Strategy

📅 - NVIDIA is set to invest $5 billion in Intel, a move that will make the AI chip leader one of the struggling semiconductor giant's largest shareholders. The deal, which gives NVIDIA ownership of nearly 4% of Intel, was announced shortly after the U.S. government confirmed its own plans to take a 10% stake in Intel.

The announcement follows heightened attention from the Trump administration on the semiconductor sector. In late August, Washington described its investment in Intel as a "historic" step to strengthen U.S. leadership in chip manufacturing and reduce reliance on foreign supply chains. President Donald Trump had previously targeted Intel with criticism, questioning the company's [...][... Check source for end of article ...]
Tags: AI

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