Intel and Nvidia announced a blockbuster deal on Thursday. The two companies will develop custom data center and PC chips integrating Intel and Nvidia technology, and Intel will manufacture them.

NVIDIA Corp. will invest $5 billion in rival Intel Corp. to jointly develop custom processing units. The partnership combines Intel's CPU experience with NVIDIA's specialized graphics chips for AI.

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 ...

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 ...

(Bloomberg) -- Nvidia Corp. agreed to invest $5 billion in Intel Corp. and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent ...