Nvidia to invest $5B in Intel and co-develop AI infrastructure and PC chips

Winners

Intel ($INTC) — Fresh $5B equity capital plus a multi-year collaboration with Nvidia validates Intel’s roadmap, supports balance-sheet repair, and channels demand into Intel’s x86, foundry, and advanced-packaging offerings.

Nvidia ($NVDA) — Gains a powerful second-source and co-design partner for AI data centers and AI PCs, improving supply-chain resilience and opening custom x86/RTX system paths alongside existing platforms.

Super Micro Computer ($SMCI) — A broader Nvidia-Intel AI portfolio expands server reference designs SMCI can ship, sustaining high-mix AI rack growth across enterprise and cloud buyers.

Dell Technologies ($DELL) — As a top OEM for AI servers and workstations, benefits from new Nvidia-Intel platforms that wide ...