Intel Stock Has Best Day Ever: Jensen Huang Says Nvidia Will Be A 'Very Large Customer'
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NVIDIA CEO Jensen Huang announced a $5 billion investment and partnership with Intel, resulting from nearly a year of discussions. This collaboration aims to integrate Intel's x86 processors with NVIDIA's GPUs for AI data center systems. Huang stated NVIDIA will become a significant customer of Intel CPUs and a supplier of GPU chiplets. Following the announcement, Intel's stock surged 23.32%, marking its best day ever, closing at $30.71. The partnership will enhance both companies' product offerings in the AI and PC markets, valued at $50 billion.
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