Nvidia announced it will acquire $5 billion worth of chipmaking rival Intel’s shares and the two companies will collaborate to develop custom data center and personal computer products, boosting Intel ...
President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion. “I said, I think it would be ...
Nvidia said on Thursday that it would buy $5 billion worth of Intel’s common stock, becoming another major shareholder in the beleaguered company just weeks after the US government took a roughly 10% ...
NEW YORK (AP) — Wall Street rolled to more records on Thursday as Nvidia and Intel led a rally for technology stocks after announcing a deal that includes a $5 billion investment. The S&P 500 rose 0.5 ...
Nvidia’s deal to invest $5 billion in beleaguered chip maker Intel added fuel to the tech rally. Intel's stock soared 23% Thursday—its best day in more than three decades—while shares of Nvidia, the ...
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