On September 18th, reports surfaced indicating that Nvidia made an announcement on Thursday, revealing its intention to invest $5 billion in Intel. This move aims to bolster the ailing US chip foundry giant, though it stops short of awarding Intel crucial chip manufacturing contracts. The deal also encompasses a strategic plan for Intel and Nvidia to collaborate on developing chips tailored for personal computers and data centers. Such a partnership could potentially pose risks to TSMC. Presently, TSMC is the manufacturer behind Nvidia's flagship processors. As the company with the highest market capitalization globally, Nvidia might consider transitioning this segment of its business to Intel in the foreseeable future. Furthermore, Advanced Micro Devices (AMD), which rivals Intel in supplying data center chips, could also feel the impact of Nvidia's support for Intel. It's worth noting that this transaction does not entail Intel acting as a foundry to manufacture chips for Nvidia. Most analysts concur that, to ensure the long-term viability of Intel's foundry operations, it will eventually need to secure significant clients akin to Nvidia, Apple, Qualcomm, or Broadcom.