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Nvidia on Thursday said it will invest $5 billion in Intel throwing its heft behind the struggling US chip foundry, but stopped short of giving Intel a crucial manufacturing deal.
The pact, which also includes a plan for Intel and Nvidia to jointly develop PC and data center chips, represents a potential risk to Taiwan’s TSMC. TSMC currently manufactures Nvidia’s flagship processors, business that the world’s most valuable company could one day extend to Intel. AMD, which competes with Intel for supplying chips to data centers, also stands to…
