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Outside the Box
America needs a U.S. company producing the most advanced chips to safeguard its economic and national security
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Nvidia Corp. NVDA this week announced it would invest $100 billion into OpenAI as part of an ambitious partnership to construct data centers powered by the chip maker’s AI processors.
Yet it’s Nvidia’s deal with Intel Corp. INTC that is resonating loudest in Silicon Valley. This $5 billion investment, worth roughly 4% of the struggling chip maker, is far more than a straightforward financial transaction. It’s a lifeline for Intel — and a calculated power play for Nvidia.
This post was originally published on Market Watch
