(BFM Stock Exchange) – The semiconductor manufacturer and microprocessors in difficulty flies to the New York Stock Exchange after the announcement of the entry to the capital of Nvidia for an amount of $ 5 billion.

The semiconductor manufacturer and intel microprocessors jumped on the New York Stock Exchange Thursday after the announcement of a stake in its NVIDIA rival in its capital for a value of $ 5 billion.

In the first exchanges, the title of the company took 25.50% to 31.25 dollars, at the highest in a year. The NVIDIA action benefited more modestly from this ad, winning 2.24% at 174.08 dollars.

A large part of the semiconductor sector benefited from this ad, like Micron (+3.94%), Qualcomm (+1.13%) and Marvell Technology (+3.89%).

“A fusion of two world class platforms”

With this agreement, NVIDIA and Intel indicate that they want to develop several generations of products for data centers, while the boom of artificial intelligence (AI) generates immense needs in very efficient electronic flea.

This collaboration is “a merger of two world class platforms. Together, we will extend our ecosystems and lay the foundations for the next IT era”, welcomed Jensen Huang, the boss of Nvidia, quoted in the press release.

This “changes the situation for Intel, because it now allows it to occupy a central place in the field of AI”, noted Dan Ives, of Wedbush Securities.

Intel, a historic player in computer flea, has been under pressure for months and tries to catch up in AI compared to its now dominant competitors, Nvidia in mind.

“With the recent 10 % investment in the United States government, in recent weeks have been exceptional for Intel after difficult and frustrating years for investors,” added Mr. Ives.

Under pressure from the President of the United States Donald Trump, who wanted to obtain shares in the capital of the company in exchange for subsidies provided by former President Joe Biden, the US State took a 10% stake in Intel capital.

Donald Trump also called the resignation of his Lip-Bu Tan boss in early August, due to accusations concerning his links with China.

The Japanese investment giant in SoftBank Group technologies also announced in August its desire to invest two billion dollars with Intel capital, which would bring its participation to 2%.

Intel is one of the most emblematic companies in Silicon Valley, but its success has been overshadowed by other big names in the semiconductor market, including Samsung Asian mastodon.

(With AFP)