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At 4:00 ET (20:00 GMT), the Dow Jones Industrial Average gained 123 points, or 0.3%, while the S&P 500 index climbed 0.5% to ...
Nvidia's investment does little to solve what is arguably Intel's biggest problem: how to fix its ailing contract chip manufacturing business.
Major indexes posted all-time closing highs Thursday as technology stocks surged following news that Nvidia will invest in ...
Thanks to an earth-shaking event in the chip industry it serves so faithfully, semiconductor equipment specialist Lam ...
Intel has secured another high-profile backer. Following earlier commitments from SoftBank and the U.S. government, Nvidia ...
Nvidia says it plans to invest $5 billion in chip maker Intel. Plus: Cracker Barrel predicts lingering consequences from its rebranding campaign. 🎧Listen: Katherine Sullivan hosts [the Minute Briefin ...
NVIDIA Corp. will invest $5 billion in Intel Corp. as part of a deal to co-develop custom processing units for data centers and personal computers.
Nvidia's deal with Intel could put the struggling chipmaker's next-generation manufacturing technology on a stronger footing, ...
Last month, the federal government bought 433 million shares of Intel at $20.47 a piece. With Intel stock up almost 26% at ...
Intel shares soared on Thursday after the company announced a partnership with Nvidia, which will buy $5 billion of Intel ...
Nvidia will use the $5 billion that it plans to invest in Intel to buy common stock for $23.05 per share. That’s a more than ...
The investment is the latest in a string of deals that have bolstered Intel, which has struggled in the AI race.