Intel shares surge 30% as Nvidia announces $5 billion investment in America’s one-time chips champion

“AI is powering a new industrial revolution and reinventing every layer of the computing stack — from silicon to systems to software. At the heart of this reinvention is NVIDIA’s CUDA architecture,” Huang said in the press release on the announcement. Together, he added, the companies will expand their ecosystems and “lay the foundation for the next era of computing.”

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