Nvidia announces a new partnership with Intel to work on custom data centers and personal computer products. Nvidia is also investing $5 billion in Intel's common stock.

Intel stock surged after announcing partnership with Nvidia to co-develop custom chips, signaling a new front in AI race.

Intel may be on track for its best trading day since 1987, following a landmark $5 billion investment and strategic partnership with Nvidia, signalling a major shift not just for the chipmaker, but potentially for global AI infrastructure and job stability

Intel Corporation stock soars on Nvidia's $5B stake and partnership. Click for our updated look at INTC stock and why we are downgrading it following the NVDA deal.

"At the heart of this reinvention is Nvidia’s CUDA architecture. This historic collaboration tightly couples Nvidia’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem - a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing.”

Elon Musk could have Tesla fab its next-gen AI chip on the Intel 18A process node, with the new AI chips made in the USA and ready for new EVs.

Earlier this month, Intel announced a series of senior leadership appointments aimed at strengthening its core product areas, expanding its foundry business, and accelerating engineering excellence, alongside new AI collaborations with Elliptic Labs and a community-focused AI lab launch in Baltimore.

Intel Corporation INTC and Advanced Micro Devices, Inc. AMD are two premier semiconductor firms competing in the CPU market, with both focusing on AI (artificial intelligence) and advanced chip technologies.