NVIDIA has unveiled a substantial $5 billion (equivalent to roughly RMB 35.499 billion) investment in Intel. The two tech giants intend to collaborate on the development of chips tailored for personal computers (PCs) and data centers. Ming-Chi Kuo, an analyst with TF International Securities, highlighted that this partnership is poised to spur the advancement of AI-enabled PCs and foster synergistic benefits across the PC ecosystem. In the realm of servers, should both entities successfully amalgamate their technological prowess and sales capabilities, they stand to capitalize on the burgeoning market demand. As for chip foundry services, TSMC's edge in cutting-edge manufacturing processes is projected to endure until at least 2030, ensuring that AI chip orders remain unaffected by this collaboration. While this investment could potentially trigger a redistribution of market share among NVIDIA and Intel's rivals, thereby influencing TSMC's order volumes, the overall risk is deemed to be within manageable bounds.