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Nvidia invests $5 billion in Intel, plans to co-design chips

Financial Express Mumbai

|

September 19, 2025

NVIDIAAGREED TO invest $5 billion in Intel and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent Intel shares soaring.

- BLOOMBERG

Nvidia will buy Intel common stock at $23.28 per share, the two companies said on Thursday. Intel will use Nvidia's graphics technology in upcoming PC chips and also provide its processors for data center products built around Nvidia hardware. The two companies didn't offer a timeline for when the first parts will go on sale and said the announcement doe

MÁS HISTORIAS DE Financial Express Mumbai

Financial Express Mumbai

Phase III of eCourts on the fast track

TOWARDS TIMELY, FAIR, AND ACCESSIBLE JUSTICE

time to read

3 mins

September 19, 2025

Financial Express Mumbai

API firms stay stable amid price pressure

THE DOMESTIC ACTIVE pharmaceutical ingredients (API) companies are likely to maintain a stable financial performance in FY26 despite the pricing pressures, according to a recent note from India Ratings & Research.

time to read

1 min

September 19, 2025

Financial Express Mumbai

Getting its skin in the game

HONASA IS BETTING ON THE DERMACO AND DR SHETH'S TO HELP IT REACH THE ₹5,000-CRORE REVENUE MARK BY THE END OF THIS DECADE

time to read

3 mins

September 19, 2025

Financial Express Mumbai

US may cut tariff on India to 10-15%: CEA

WITH THE US and India agreeing to step up efforts to conclude an interim bilateral trade agreement (BTA) by November, chief economic adviser V Anantha Nageswaran on Thursday expressed the hope that Washington may scrap the 25% penal tariff on Indian goods and also cut the reciprocal tariff to 10-15% from 25%.

time to read

1 mins

September 19, 2025

Financial Express Mumbai

Modi speaks to Nepal PM, affirms support to peace

POLLS WILL REMAIN TOPMOST PRIORITY OF INTERIM GOVT: KARKI

time to read

1 mins

September 19, 2025

Financial Express Mumbai

Sebi clears Adani in Hindenburg case

• Allegations against group not established, says mkts regulator

time to read

3 mins

September 19, 2025

Financial Express Mumbai

India, UAE trade settlement in local currencies soon

INDIA AND THE United Arab Emirates (UAE) on Thursday committed to finalise the implementation of bilateral trade settlement in local currencies and integration of their respective payment systems in the near future.

time to read

2 mins

September 19, 2025

Financial Express Mumbai

Tech Mahindra, IIT-B consortium among 8 entities selected to build domestic AI models

IN LINE WITH its aim to support the development of domestic artificial intelligence (AI) models, the government has selected eight more startups to build indigenous Large Language Models (LLMs) and sector-focused Small Language Models (SLMs), which includes the likes of Tech Mahindra, Fractal Analytics, Avatar Al, Zeinteiq Aitech Innovation, and the Indian Institute of Technology Bombay consortium’s BharatGen, among others.

time to read

1 mins

September 19, 2025

Financial Express Mumbai

Starmer, Trump hail their close ties; skirt issues

US PRESIDENT DONALD Trump and British Prime Minister Keir Starmer hailed the renewal of their nations'“special relationship\" on Thursday, drawing the US leader's unprecedented second state visit to a close with a show of unity after avoiding possible pitfalls.

time to read

1 mins

September 19, 2025

Financial Express Mumbai

Nvidia invests $5 billion in Intel, plans to co-design chips

NVIDIAAGREED TO invest $5 billion in Intel and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent Intel shares soaring.

time to read

1 min

September 19, 2025

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