On September 19 (assuming it's a Thursday as the original text seems to imply a Thursday announcement but has a date conflict; adjust if needed), NVIDIA made a blockbuster announcement that it would pour $5 billion into Intel. This move paves the way for a profound technological partnership between the two tech giants, aiming to co - develop cutting - edge chip products for the personal computer and data center markets.

As soon as the news hit the wires, Intel's stock price went through the roof in pre - market trading, soaring by over 20%. Per the terms of the agreement, NVIDIA will subscribe to Intel's common stock at a price of $23.28 per share, bringing the total investment to $5 billion.

In this strategic collaboration, Intel is set to tailor x86 architecture CPUs specifically for NVIDIA. These customized CPUs will then be integrated into NVIDIA's AI infrastructure platform. At the same time, the two companies will also join forces in the personal computing arena, working hand - in - hand to drive chip development forward.

The Wall Street Journal published an in - depth article, pointing out that if Intel is to reclaim its former glory, it requires more than just NVIDIA's financial injection and collaborative efforts. The tech behemoth also needs to consider splitting up its own business operations.