NVIDIA and Intel officially jointly announced that NVIDIA will invest US$5 billion in Intel.The investment will be realized by NVIDIA acquiring shares of Intel common stock at a price of $23.28 per share.

at the same time,The two parties will jointly develop PC and data center processors, make full use of NVIDIA NVLink interconnect technology, and integrate the two companies' high-performance CPUs and GPUs.
In the PC market,Intel will integrate NVIDIA RTX GPUs in the form of chiplets in its own x86 processors.
In the data center market,Intel will customize x86 processors for NVIDIA, an AI infrastructure platform for the latter.
However, NVIDIA has not handed over GPU chip foundry orders to Intel, at least for the time being.
After the news came out, Intel's stock price immediately rose sharply, with a pre-market increase of more than 20%, and NVIDIA also rose by 2%.
Foreign media evaluation: This is a game-changing investment, and TSMC and AMD will become the biggest "victims."