Tag Archives: NvidiaIntel

Stocks rise on Nvidia-Intel deal, Fed rate cut

Stocks rise on Nvidia-Intel deal, Fed rate cut

Tech shares surged after Nvidia and Intel announced their deal (Hector RETAMAL) Stock markets advanced Thursday, as tech shares jumped following AI-chips giant Nvidia’s announcement of a $5 billion investment in struggling US rival Intel, and as investors digested the Federal Reserve’s first interest rate cut of 2025. The tech-heavy Nasdaq led gains on Wall Street, with Intel shares soaring …

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