Intel, NVIDIA and Stock Rally
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Intel has announced that a selection of its CPU families will no longer receive driver support and will now transition to legacy software support only.
Despite positive sentiment and capital inflows, adjusted EPS estimates for Intel have declined, reflecting ongoing operating challenges. Learn more about INTC stock here.
Nvidia is preparing one of the largest investments in the history of artificial intelligence, pledging up to $100 billion in funding for OpenAI, the creator of ChatGPT. The deal comes hot on the heels of Nvidia pledging a $5 billion investment into Intel, its one-time rival and former American semiconductor champion.
A Redditor discovered references to Multi-Frame Generation within Intel's driver software, suggesting that something is currently in development.
Nvidia has announced a new partnership with Intel to work on custom data centers and personal computer products.
Nvidia's surprise $5 billion stake in Intel comes with a multiyear product roadmap -- and big implications for AI data centers and PCs.
The latest: The Trump administration's investment in Intel could be seen as a vote of confidence to ensure chipmaking stays in Hillsboro, or it could signal the start of unprecedented federal intervention into the private sector, according to Rajiv Sharma, an economics professor at Portland State University.