NVIDIA has officially filed for a $5 billion share acquisition of Intel at a price of $23.28 per share, following the company's announcement of the agreement last September.
The acquisition comes after the U.S. Federal Trade Commission (FTC) approved the deal as not constituting an antitrust activity.
The collaboration stipulates that Intel's chip architecture will work in conjunction with NVIDIA's NVLink chips, strengthening x86 CPUs. For the data center market, Intel will produce x86 CPUs compatible with NVIDIA's AI platform.
For the PC market, Intel will produce x86 SOCs featuring NVIDIA's RTX GPUs, creating products that combine the strengths of both CPUs and GPUs.
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