Elon Musk meets top officials on UAE visit

The post Intel’s stock surges as Nvidia invests $5 billion in the chipmaker appeared on BitcoinEthereumNews.com. Nvidia announced today that it will partner with Intel to co-develop PC and AI data chips. Intel stock surged above 28% today following the announcement, which forms part of a range of agreements.  The collaboration deal gives Nvidia approximately 4% stake in Intel at $23.28 per share. The investment is part of several collaborations Intel has formed to reverse its competitiveness in the semiconductor business. The Trump administration invested in the company, taking a 10% stake worth $8.9 billion in August, while Japan’s SoftBank committed $2 billion.  Nvidia partners with Intel to co-develop AI data center and PC chips Lip-Bu Tan, Intel’s new CEO, appointed in March, has played a major role in reversing the years lost in declining competitiveness. However, he has faced criticism from political officials, including President Donald Trump, who was seeking his resignation, citing his close ties to China. Trump has, however, reversed that course as Cryptopolitan reported. The President met with Lip-Bu Tan and praised his leadership. He described their discussion as interesting and considered Tan’s career an amazing story. Tan’s strategy continues to steer the company through steep losses, cost cuts, and canceled projects, seeking to turn around the company’s competitiveness. Intel $INTC is up 28% premarket on the news that Nvidia $NVDA to invest $5 billion in Intel $INTC at $23.28 per share pic.twitter.com/XsF0ycKFVQ — Dividend Hero (@HeroDividend) September 18, 2025 Nvidia said it will partner with Tan’s company to co-develop AI data center and PC chips, which are central to the current  AI boom. According to the agreement details, Intel will design custom x86 processors to pair with Nvidia’s graphics processors in several AI applications. Nvidia will additionally provide custom graphics chips that the U.S. semiconductor firm can integrate with its PC CPUs. Both firms highlighted that their technologies connect in a…

JPMorgan CEO Jamie Dimon said he doesn’t see the Fed cutting interest rates further unless inflation drops.

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