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Intel will build Nvidia-custom x86 CPUs that Nvidia will integrate into its AI infrastructure platforms.
Intel (INTC) closed at $25.25 in the latest trading session, marking a +1.94% move from the prior day.
Intel and Advanced Micro are racing ahead in AI chips, but AMD's growth outlook and strong positioning give it the investment edge.
Intel (INTC) shares advanced Monday when the struggling semiconductor manufacturer announced that it was lowering its outlook for full-year costs following the sale of a majority stake in its Altera programmable chip business.
INTC's Xeon 6 and Arc Pro GPUs top MLPerf v5.1 benchmarks, highlighting strong AI inference gains against rivals.
Intel Corporation (NASDAQ:INTC ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 4, 2025 12:50 PM EDT Company Participants David Zinsner - Executive VP & CFO Conference Call Participants Christopher Danely - Citigroup Inc. Exchange Research Presentation Christopher Danely Research Analyst All right. Thanks for joining us, everyone.
Going all the way back to Alexander Hamilton, government has selectively backed industries and companies.
In late August, the U.S. government agreed to take roughly a 10 percent equity stake in Intel, converting about $8.9 billion of previously committed CHIPS and Secure Enclave funds into shares. This is an unprecedented move that effectively swaps subsidies for ownership.
President Trump's forays into private business appear to be driven by money rather than an overarching plan to bolster American competitiveness.
During an investment conference Thursday, Intel CFO David Zinser also hinted that Intel might seek other external investments.