Nvidia CEO Endorses Intel: A Stamp of Approval for the Tech Giant

Nvidia CEO Endorses Intel: A Stamp of Approval for the Tech Giant

Despite the military threats faced by Taiwan from China, Huang emphasized the resilience of their supply chain and their commitment to manufacturing in multiple locations. He acknowledged that Intel’s manufacturing capabilities were being evaluated, and recent test chip results from Intel’s next-generation process looked promising.

Intel’s stock experienced a 14.03% increase over the past five days, buoyed by investor optimism about its potential earnings. The company is expanding its foundry business and constructing a new plant in Ohio.

Nvidia relies on a diverse supply chain, including suppliers like TSMC and Samsung Electronics. The collaboration with Intel could further enhance their supply chain and increase their ability to serve customers in the artificial intelligence (AI) industry.