Nvidia, the semiconductor company powering the artificial intelligence revolution, said Thursday that it was buying a $5 billion stake in ailing rival Intel. The two companies will also begin a partnership to develop chips together for PCs and data centers. Intel shares surged 23% on the announcement, lifting its stock market value to $143 billion. The stock is now up …
Read More »Nvidia to invest $5B in Intel and develop chips with onetime rival
