
Stock Market Today: NVIDIA Rises After Announcing Strategic Intel Collaboration

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NVIDIA Corp (NVDA) shares rose 3.49% to $176.24 after announcing a $5 billion investment in Intel Corp (INTC), which surged 22.77% to $30.57. The collaboration aims to develop new processors for data centers and personal computing, combining Intel's manufacturing capabilities with NVIDIA's AI expertise. This strategic move highlights NVIDIA's efforts to diversify beyond GPUs and positions it favorably in the AI sector, suggesting potential long-term growth despite associated risks. Overall, the stock market saw gains, with the S&P 500 up 0.48% and the Nasdaq Composite up 0.94%.
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