Refresh
AMD becomes very nervous
AMD’s stock prices fell more than 4% the pre -market after the Intel/Nvidia announcement of their partnership. In comparison, Nvidia’s share rose by 3%, an increase of $ 120 billion, more than Intel’s entire market value and 24x greater than the $ 5 billion investment that Nvidia has decorated.
AMD has been successful in taking on Intel on the X86 Enterprise Market, but with Nvidia’s backing it becomes more difficult. Intel will be Nvidia’s favorite X86 CPU partner inside data centers and elsewhere. (Nvidia, of course, has its own Arm-based Grace CPU). NVIDIA is also likely to help Intel properly propagate its integrated GPU to avert AMDS APUs. The saying, “my enemy is my friend,” never sounded so true.
A few notes from Desire Athow at Techradar Pro:
I think the White House at the highest level encouraged Nvidia to help Intel. Let’s have no doubt here. Intel needs Nvidia more than Nvidia needs Intel – its market value, $ 4.14 trillion, is almost 40x of its prestigious Santa Clara -based Peer. The The US Government took a 10% share – worth nearly $ 9 billion – in the US chipmaker back in August just days after Softbank bought $ 2 billion in shares, which made it the 6th largest shareholder with just under 2% of Intel Share Base. Within weeks, almost one fifth of Intel’s stock has changed hands. The company, famous for its jingles and blue men ads, is apparently too big to fail.
It’s also fun to see Jensen wear a suit rather than his usual leather jacket. This is definitely an investor call.
Intel’s tan does not exclude Nvidia using Intel Foundry for this partnership.
NVIDIA’s investment in Intel, says Huang, is a major confidence in the future of Intel. Jensen also mentioned earlier that the Trump administration was not involved in this partnership, but that the administration is very supportive.
None of them will say which process node – or which foundry – the new chips will be fabbed on. However, this will be a tens of thousands of billions of dollar product partnership between the two companies, which is definitely a lift for Intel.
Another question about whether Nvidia will lean into Intel’s foundry. Both Huang and Intel CEO Lip-Bu Tan Ros TSMC’s Foundry business. However, this message will remain focused on data center and client CPU integration.
Cramer follows up with a question about Intel Foundry Services and whether Nvidia will move over to Intel from TSMC. Huang is non-joint, but given the investment involved, Huang says that Nvidia will be an important customer at Intel in the future.
Take it the way you want, but if Intel 18a is as good and viable as Intel claims it is, I can’t see how Nvidia doesn’t get first crack at these nodes.
Ok, so Jim Cramer at CNBC asks for the business/market impact of this message. Nvidia-Manager Jensen Huang brings up the integrated RTX GPU chipleting into Intel Socs, which will be very competitive with AMDS APUs found in thin and lightweight game-laptop as well as mini-PCs and gaming hand heroes.
Hi people’s, this is John Loeffler, OS Computing Editor, here to bring you all the news and reaction I can muster to Nvidia X Intel Press conference this afternoon. We also got some insights from my colleagues on the Techradar Pro about the new data center X86 products that I will bring to you soon.
We are about to start, so stay up to date on the latest as it happens.
