- Nvidia’s market value jumps $ 150 billion at $ 4.28 TN after the Surprise Intel revealed collaboration
- Intel investment of $ 5 billion in the company is overshadowed by an increase of $ 150 billion in clean evaluation
- The partnership focuses on personalized X86 processors for AI platforms and the consumer processor
Nvidia’s market value jumped approximately $ 150 billion after the new surprise of a radical partnership with Intel.
To put things in context, this gain is greater than all of Intel’s market capitalization.
The value of Nvidia increased from around 4.13 billions of dollars on September 17 to 4.28 billions of dollars a day later. The sharp increase in NVIDIA’s market value was approximately 30 times the size of its $ 5 billion in Intel shares ($ 23.28 per share).
A case without asset
The strong increase reflected the confidence of investors in the agreement, which will see Intel Build Custom X86 CPU for platforms of Nvidia data centers, while producing fleas that combine Intel processors with NVIDIA RTX GPU chiplets for PC.
As indicated by Tom materialJensen Huang, Managing Director of Nvidia, said in a joint press conference with Intel that collaboration had been in discussion for some time.
“The two technological teams have discussed and architects solutions now to probably have a year,” he said.
“The two teams of architecture … Well, these are three architecture teams through … processor architecture, as well as product ranges for the server and PC. Architecture work is quite extensive, and the teams are really enthusiastic about the new architecture. The teams have been working for some time and we are delighted with the announcement today.”
Huang rejected the suggestions that politics influenced the partnership.
“The Trump administration had had no involvement in this partnership,” he said, before adding, “they would have been very favorable, of course. Today, I had the opportunity to tell the secretary [of Commerce Howard] Lutnick and he was very excited and very favorable to seeing two American technological companies working together. »»
Huang also underlined the extent of the potential consumer demand.
“The laptop market is 150 million notebooks sold each year,” he said. “So this kind of meaning gives you an idea of the work scale that we are going to do here. We will approach the consumer market, we will approach a large majority of this consumption PC market, the PC consumer notebooks. ”
The partnership extends over the processors of the personalized data center for workloads and NVIDIA AI customers processors associating Intel X86 design with the NVIDIA RTX GPU.
Although the products on which the two companies work should not arrive for several years, collaboration is already considered a huge victory for Intel, which has experienced its share of problems in recent years, and a turning point in the way the two companies tackle AI and consumer IT.
