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Nvidia CEO explains why he's making a $5 billion bet on struggling chip giant Intel
Business Insider· 2025-09-18 20:29
In a significant endorsement of Intel's turnaround process, Nvidia is making a $5 billion investment in another chipmaker. Intel has faced years of dwindling market share and revenues despite the US government's intervention to help it build chip factories. On Thursday, it got perhaps the most impactful endorsement in the world of semiconductors — that of Nvidia CEO Jensen Huang."We're delighted to have invested in Intel, and the return on that investment is going to be fantastic," Huang said at a Thursday ...