Nvidia is also investing $5 billion into Intel
What just happened? Intel has received another massive investment from an unlikely source: Nvidia. Team Green is purchasing $5 billion in Intel common stock at $23.28 per share, part of a collaboration that will see the two companies jointly develop x86 system-on-chips – called Intel x86 RTX SoCs – that integrate Intel CPUs and Nvidia RTX GPU chiplets for a wide range of PCs. Intel will also be building custom x86 data center CPUs for Nvidia to integrate into its AI infrastructure platforms. […]
Does this mean Intel is shutting down Arc?
That’s disappointing.
Man I sure hope not. The fact that it doesn’t say they are alongside this announcement does make me feel a little better about it given how generally happy they’ve been to announce all their cost-saving measures lately.
It would be very bad news; it’s possible they want to delay it.
This puts them in a very odd position though. It’s not an experiment like Kaby Lake G, it sounds like a whole graphics partnership that would be in direct competition with Arc (and its integration with Intel CPUs).
Unfortunately ARC is about the only competitor in the reasonably priced GPU market right now. I would love a 5090 Ti or an RTX 6000. My wallet, not so much.