For data centres, Intel will build custom x86 CPUs that Nvidia will integrate into its AI infrastructure platforms, while Intel will build x86 systems on chips that integrate Nvidia RTX GPU chiplets for personal computing.
DBS Group Research’s (DBS) Amanda Tan is maintaining her “buy” call on AEM Holdings (AEM) at a raised target price of $2.10 from $1.50 previously.
Since the announcement of Nvidia’s US$5 billion ($6.42 billion) equity investment in Intel, Intel’s stock is currently trading 22.8% up at US$30.57, while AEM’s shares jumped as much as 18.5% to soar to $1.86 during the midday break.
