NVDAhas completed its $5 billion stock purchase from INTC. The agreement also includes joint development of PC and data center chips by NVDA and Intel. This historic collaboration tightly integrates NVDA AI and accelerated computing technology stack with Intel's CPUs and vast x86 ecosystem a fusion of two world class platforms. NVDA CEO Jensen Huang stated: “We will work together to expand the ecosystem and lay the foundation for the next era of computing.” Does NVDA present a good buying opportunity this week? Should we buy or add to our positions in NVDA?
Nvidia completes $5B purchase of shares from Intel
byu/Former-Courage-1038 instocks
Posted by Former-Courage-1038
5 Comments
Next time add a source
What’s the name of that snake that just eats itself? That’s what’s going on with all these companies now.
My price target is $220.
Their chips are shit and NVDA already put them in timeout last week because they don’t standup to the high standards
INTC is my moonshot play next year. Have shares and leaps, I’m ready