She became a major shareholder .. Inviteia invests $ 5 billion in Intel

Inflidia, a world leader in the chips industry, announced yesterday, Thursday, that an amount of $ 5 billion in Intel has been investing, confirming that it will cooperate with the semiconductor giant in the development of new products.

This investment from Invidia makes one of the largest shareholders in Intel immediately, with a share of approximately 4% of the company after issuing new shares to complete the deal. This support represents an important breakthrough for Intel after years of stumbling and failure to achieve positive results, which was reflected directly on the stock exchange where the American company’s shares jumped by 29%. Invandia said in an official statement that cooperation between the two companies will focus on developing specialized data centers that make up the spine For artificial intelligence infrastructure, in addition to innovative products for personal computers. The company added that it will spend 5 billion dollars to buy ordinary shares in Intel at $ 23.28 per share, noting that the deal is still subject to organizational approvals. From his side, Jensen Huang, CEO of Anvia, confirmed in a telephone conversation with journalists, that the Trump administration was not a party to the deal But she supports her. He added that his company continues to evaluate the technologies of Intel factories and that cooperation between the two parties has existed almost a year.