Reported about 2 hours ago
Despite Nvidia's $5 billion investment in Intel, which boosted Intel's stock significantly, the core issue of Intel's struggling contract chip manufacturing business remains unresolved. The deal does not address Intel Foundry Services—Intel's manufacturing division that has faced substantial losses and is under scrutiny. Analysts are divided on the future of this sector, highlighting ongoing financial concerns, while the US government emphasizes Intel's role in national security due to its unique position as a leading US chipmaker. The collaboration may enhance Intel's credibility but leaves substantial challenges ahead.
Source: YAHOO