Nvidia has announced an unprecedented $5 billion investment in Intel , signaling a strategic pivot in the global chip industry and marking a lifeline for the once-dominant but recently embattled U.S. chipmaker.

This move comes soon after a whirlwind of corporate and political drama involving Intel, America’s one-time semiconductor chips champion, that saw President Trump call for the resignation of CEO Lip-Bu Tan, his sudden reversal, and then the U.S. government itself making an unprecedented investment into Intel, taking a nearly 10% stake in the process.

Nvidia, the world’s leader in artificial intelligence chips, announced it will invest $5 billion in Intel’s common stock at a discounted price of $23.28 per share. The news prompted a premarket surge in Intel shares of a whoppi

See Full Page