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It's been a very busy week for Nvidia: Everything you missed
Youtube· 2025-09-19 22:58
Nvidia has dominated headlines this week. Here's what you need to know. The chip giant just spent more than $900 million to hire the CEO of AI startup in Fabrica, key employees, and license its tech.It's known as an aqua hire, essentially paying to bring top talent on board. Meta and Google have done the same. Nvidia also made waves with a $5 billion chip manufacturing deal with Intel, giving Intel stock a major boost.Intel will produce custom CPUs and integrated circuits for Nvidia's AI platforms. But not ...
Why Did Intel Stock Skyrocket 27% This Week?
The Motley Fool· 2025-09-19 09:09
Could this new partnership jump-start Intel's comeback?Shares of Intel (INTC 22.81%) are flying this week, up 27% as of market close on Thursday. The jump comes as the S&P 500 and Nasdaq-100 gained 0.7% and 1.5%, respectively.The chipmaker's stock exploded this week after Nvidia announced a $5 billion investment and "multigeneration" partnership agreement with Intel.Nvidia bets on IntelOn Thursday, Nvidia said it is investing $5 billion into the struggling company at a purchase price of $23.28 a share. Unde ...