Chip-maker Nvidia to invest $5 bn in Intel | Business

NEW YORK, Sept 18, 2025 (BSS/AFP) - US chip giant Nvidia will invest $5 billion in semi-conductor maker Intel for joint development projects, the companies said in a statement Thursday. Under the accord the two companies said they will develop custom data center and PC products, as the artificial intelligence boom fuels intense demand for high-performance chips like those made by Nvidia. Nvidia's chips known as GPUs are in hot demand from tech giants building data centers for artificial intelligence applications. Nvidia founder and CEO Jensen Huang said in Thursday's statement that the deal marks "a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for...