Nvidia Invests $5 Billion in Intel... Jensen Huang: "Laying the Foundation for the Next Era of Computing"

On September 18 (local time), Nvidia announced in a press release that it will invest $5 billion (approximately 6.932 trillion won) in Intel and jointly develop data center and PC chips.

Nvidia has agreed to purchase Intel's common stock at $23.28 per share. This is higher than the $20.47 per share paid by the U.S. government last month when it acquired a 10% stake in Intel. Through this investment, Nvidia is expected to hold more than a 4% stake in Intel.

Specifically, for data centers, Intel will manufacture custom CPUs for Nvidia, and Nvidia will integrate these into its artificial intelligence (AI) infrastructure platform. In the PC segment, Intel will produce and supply x86 system-on-chip (SoC) products with integrated NVIDIA RTX GPU chiplets. These products are aimed at the PC market that requires high-performance CPU-GPU integration.

The two companies explained that the purpose of this collaboration is to combine Nvidia’s leadership in AI and accelerated computing technologies with Intel’s strengths in x86 CPU architecture and manufacturing processes to deliver next-generation solutions.

Jensen Huang, CEO of Nvidia, stated, "This historic collaboration closely integrates Nvidia’s AI and accelerated computing stack with Intel’s CPU and x86 ecosystem, expanding both companies’ ecosystems and laying the foundation for the next era of computing."

Pat Gelsinger, CEO of Intel, said, "Intel’s data center and client computing platforms, process technology, manufacturing, and advanced packaging capabilities, combined with Nvidia’s leadership in AI and accelerated computing, will deliver new breakthroughs for the industry."