Nvidia's CEO seems very adept at the "playing the President" game.
(also known as 'the best way to manipulate me is to do what I want')
From CNBC, September 18:
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC chips with the troubled chipmaker, which took on the U.S. government as an investor last month.
Nvidia is investing its stake at a price of $23.28 a share, a release from the company said. Intel shares jumped 33% to around $33 a share in premarket trading following news of the deal.
“This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem -- a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing,” said Nvidia CEO Jensen Huang in a release....
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It seems like forever ago that INTC's former boss said "Intel CEO: Nvidia Got 'Extraordinarily Lucky' in Dominating the AI Market" (NVDA; INTC) but it was less than two years back.
