"By the middle of the year, however, Intel regained momentum through significant backing from the Trump administration , which converted CHIPS Act grants into an equity stake worth approximately $8.9 billion, or 10% of the company, making the U.S. government its largest shareholder. This was followed by a $5 billion investment from Nvidia, giving it roughly a 4% stake, as well as partnerships aimed at joint product development in data centers and PCs."
"Intel's recent progress has been notable, driven by strategic investments and a focus on revitalizing its core businesses. The Trump administration's equity stake provided essential capital and aligned Intel with national priorities for domestic chip production. Weeks later, Nvidia's $5 billion commitment further supported Intel's turnaround, with the two firms agreeing to collaborate on custom x86 CPUs for Nvidia's AI platforms and integrated system-on-chips for PCs. An Intel spokesperson emphasized that 18A technologies are "progressing well.""
Intel shifted from perceived decline to renewed momentum after the U.S. government converted CHIPS Act grants into a roughly $8.9 billion equity stake (about 10%), becoming the largest shareholder. Nvidia invested $5 billion for roughly a 4% stake and entered partnerships to develop custom x86 CPUs for AI platforms and integrated system-on-chips for PCs. The turnaround depends on execution of the foundry business, with the 18A process node central to enabling high-volume production of advanced chips and attracting customers. A recent development introduces a potential setback that could undermine the recovery if execution falters.
Read at 24/7 Wall St.
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