Intel-NVIDIA Partnership Provides a 'Well-Timed Impetus': $5 Billion Investment Strengthens Wafer Foundry Strategy
3 day ago / Read about 0 minute
Author:小编   

Analysts note that the collaborative pact forged between Intel and NVIDIA delivers crucial financial backing for Intel's wafer foundry strategy. Experts from D.A. Davidson highlighted that NVIDIA's support for Intel, recognized as the sole competitive advanced-level wafer foundry in the United States, will empower Intel to enhance its packaging business capabilities. Analysts at Oppenheimer observed that prior to NVIDIA's substantial $5 billion investment, the U.S. government already possessed a 10% stake in Intel. This partnership is anticipated to supply additional financial resources to bolster Intel's wafer foundry strategy. Additionally, SoftBank revealed in August its intention to purchase $2 billion worth of Intel shares.