Nvidia (NVDA)The largest public company in the world by market capitalization, said that it will invest $ 5 billion in Intel (Intc) And working with the flea manufacturer on the development of personalized data and PC products as artificial intelligence becomes more omnipresent.
The manufacturer of Santa Clara, California, graphic processing units (GPU) This sub-tutorial will buy actions from its neighbor to $ 23.28 each, 6.5% lower than the fence price of Wednesday of $ 24.90, according to an ad Thursday.
While Nvidia is known for its production of GPU, Intel was a leader in the development of microprocessors and entered into public conscience as a supplier of central processing units (CPU) This has led IBM compatible microcomputers. His fortune decreased in AI, with his intensive computer requirements, took root.
Intel Stock jumped 24% Thursday, bringing market capitalization to $ 143 billion. It was only a fraction of the $ 500 billion that he was boasted in 2000, according to Companymarketcap.com. Nvidia, with a value of $ 4.23 billions, increased by 1.85%.
The US government bought 10% participation in Intel last month for $ 8.9 billion in an attempt to consolidate the future of the American flea manufacturing.
The cryptography industry monitors Nvidia’s performances with a lively eye as a proxy for the feeling of the market, which can reflect in AI tokens and the wider cryptography market.
