Nvidia and Intel’s $5 billion deal is apparently about eating AMD’s lunch

Today, Nvidia CEO Jensen Huang and Intel CEO Lip-Bu Tan held a associated webcast to explicate just why the world's astir invaluable institution (Nvidia's astatine $4.28 trillion) is throwing a $5 cardinal lifeline to a struggling competitor.

Nvidia rapidly unopen down respective imaginable explanations. Huang claimed it had thing to bash with Trump, who famously shook down Intel CEO Lip-Bu Tan for the United States' ain 10 percent involvement of Intel, soon aft shaking down Nvidia for 15 percent of its gross selling chips to China. (China whitethorn person conscionable ended that.)

And, Huang insisted, it's not a strategical displacement distant from the newer Arm architecture towards the ven …

Read the afloat communicative astatine The Verge.