U.S. antitrust regulators have cleared Nvidia’s proposed investment in Intel, removing a key regulatory obstacle for a deal that could reshape parts of the semiconductor industry. The approval was disclosed in a notice posted by the U.S. Federal Trade Commission, according to Reuters.
The FTC notice did not provide specific details about the transaction. However, Nvidia said in September that it planned to invest $5 billion in Intel, a move seen as a significant endorsement of the U.S. chipmaker as it works to regain momentum in manufacturing and advanced chip design. Per Reuters, the investment places Nvidia’s considerable influence behind Intel at a time when global competition in semiconductors is intensifying.
Alongside the investment, the two companies announced a strategic partnership focused on product development. According to Reuters, Nvidia and Intel intend to collaborate on multiple generations of customized data center and personal computing products aimed at “accelerate applications and workloads across hyperscale, enterprise, and consumer markets.” The partnership signals closer technical integration between the companies, particularly in combining Nvidia’s graphics and artificial intelligence capabilities with Intel’s processor platforms.
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Industry analysts told Reuters that a central element of the agreement involves integrating Nvidia’s RTX graphics…
