Nvidia's stake in Intel could have terrible consequences. First, it is in Nvidia's interest to kill Intel's Arc graphics, and that would be very bad because it is the only thing brighing GPU prices down for consumers. Second, the death of Intel graphics / Arc would be extremely bad for Linux, because Intel's approach to GPU drivers is the best for compatibility, wheras Nvidia is actively hostile to drivers on Linux. Third, Intel is the only company marketing consumer-grade graphics virtualization (SR-IOV), and the loss of that would make Nvidia's enterprise chips the only game in town, meaning the average consumer gets less performance, less flexibility, and less security on their computers.
bee_rider 1 hours ago [-]
Apparently it is 5% ownership. Does that give them enough leverage to tank Intel’s iGPUs?
That would seem weird to be. Intel’s iGPUs are an incredibly good solution for their (non-glamorous) niche.
Intel’s dGPUs might be in a risky spot, though. (So… what’s new?)
Messing up Intel’s iGPUs would be a huge practical loss for, like, everyday desktop Linux folks. Tossing out their dGPUs, I don’t know if it is such a huge loss.
sodality2 55 minutes ago [-]
> Tossing out their dGPUs, I don’t know if it is such a huge loss
It would be an enormous loss to the consumer/enthusiast GPU buyer, as a third major competitor is improving the market from what feels like years and years of dreadful price/perf ratio.
cluckindan 48 minutes ago [-]
You don’t say… on the very same day AMD launched a new RDNA3 card (RX 7700).
Literally a previous gen card.
tart-lemonade 6 minutes ago [-]
Intel's iGPUs don't seem very at risk because the market for low-power GPUs isn't very profitable to begin with. As long as Nvidia is able to sell basically any chip they want, why waste engineering hours and fab time on low-margin chips? The GT 1030 (Pascal) never got a successor, so that line is as good as dead.
freedomben 1 hours ago [-]
I would guess Nvidia doesn't care at all about the iGPUs, so I agree they are probably not at risk. dGPUs though I absolutely agree They are in a risky spot. Perhaps Intel was planning to kill their more ambitious GPU goals anyway, but That seems extremely unhealthy for pretty much everyone except Nvidia
dijit 16 minutes ago [-]
5% of Ubisoft was all it took for Tencent to have very deep reaching ramifications.
They were felt at an IC level.
lacy_tinpot 1 hours ago [-]
Not necessarily true. This might be a Microsoft funding a bankrupt Apple kind of moment.
American competition isn't a zero sum, and it's in Nvidias' best interest to keep the market healthy.
rapind 60 minutes ago [-]
> American competition isn't a zero sum, and it's in Nvidias' best interest to keep the market healthy.
Looking at Google's recent antitrust settlement, I'm not sure this is true at present.
tonyhart7 36 minutes ago [-]
Google literally "won" antitrust case ???
the fact that google pay firefox anually meaning that its in best interest of google that there is no monopoly, judge says
aDyslecticCrow 25 minutes ago [-]
One interesting parallel is Intel and AMD back in x86 1991, which is today the reason AMD is at all allowed to produce x86 without massive patent royalties to intel. [Asianometry](https://youtu.be/5oOk_KXbw6c) had a nice summery of it.
Nvidia is leaning more into data centres, but lack a CPU architecture or expertise. Intel is struggling financially, but have knowledge in iGPUs and a vast amount of patents.
They could have alot to give one another, and it's a massive win if it keeps intel afloat.
rasz 22 minutes ago [-]
Microsoft wasnt funding bankrupt Apple, Microsoft was settling lawsuit with Jobs just on the cusp of DOJ monopoly lwasuit. Microsoft was stealing and shipping Apple QuickTime sourcecode.
> handwritten note by Fred Anderson, Apple's CFO, in which Anderson wrote that "the [QuickTime] patent dispute was resolved with cross-licence and significant payment to Apple." The payment was $150 million
villgax 53 minutes ago [-]
You might want to re-read about that Apple-Microsoft incident.
Quicktime got stolen by an ex-Apple employee & in return Apple had Microsoft commit money & promise to have Office suite available on macOS/OS X
andirk 34 minutes ago [-]
According to [0] it was a contractor working for both Apple and Microsoft. Not an ex-Apple employee but still an interesting read, if true.
You absolutely nailed it IMHO. I wish I had more upvotes to give. I guess time will tell, but this seems like a clear conflict of interest.
random3 1 hours ago [-]
If only antitrust laws would exist
dsr_ 21 minutes ago [-]
and be enforced
itsthecourier 51 minutes ago [-]
a usable top gaming Intel GPU at good price is a myth :,(
mensetmanusman 1 hours ago [-]
Microsoft’s investment in Apple was helpful for the world.
tonyhart7 37 minutes ago [-]
nah, nvidia wouldnt do that
it would invite an DOJ case
bootsmann 31 minutes ago [-]
Thats something Jensen Huang can do away with by bringing a golden gpu statue to the white house.
matheusmoreira 2 hours ago [-]
I agree. As a Linux user who favors Intel hardware due to their Linux support, I gotta say the future looks bleak.
tliltocatl 51 minutes ago [-]
Well, AMD isn't going away yet, and they do seem to have finally released the advantage of open-source drivers. But that's still bad very for competition and prices.
littlecranky67 4 hours ago [-]
This is a death blow to the Intel GPU+AI efforts and should not be allowed by the regulators. It is clear that Intel needs the downstream, low-cost GPU market segment to have a portfolio of AI chips based on chiplets, where most defective ones end up in the consumer grade GPUs based on manufacturing yield. NVidias interest is now for Intel not to enter either the GPU market, nor the AI market - which Intel was preparing for with its GPU efforts in recent years.
paxys 2 hours ago [-]
The US government is itself a major shareholder in Intel, and has every incentive to push Intel stock over its competitors. It's almost a certainty that Nvidia was forced into this deal by the government as well. We are way beyond regulation here.
sabhiram 8 minutes ago [-]
Yep, there is absolutely no problem with that at all.
Never imagined politics so obviously manipulating the talking heads with nary a care about perception.
bee_rider 1 hours ago [-]
The US government isn’t (or at least shouldn’t be) profit-motivated anyway, so it isn’t obvious what their incentives are WRT Intel’s stock.
jerf 32 minutes ago [-]
They want a source of chips for the wars they want to conduct that is not either controlled by the party they want to go war with, or way way closer to the party they want to go to war with than they are. Buying a chunk of Intel is a way of making sure they do the things the government wants that will lead to that outcome. Or at least so the theory goes; I've got my own cynicism on this matter and wouldn't dream of tamping down on anyone else's.
Right now if the US wants to go to war with China, or anyone China really really likes, they can expect with high probability to very quickly encounter major problems getting the best chips. AIUI the world has other fab capacity that isn't in Taiwan, and some of it is even in the US, but they're all on much older processes. Some things it's not a problem that maybe you end up with an older 500MHz processor, but some things it's just a non-starter, like high-end AI.
Sibling commenters discussing profits are on the wrong track. Intel's 2024 revenue, not profits, was $53.1 billion. The Federal Government in 2024 spent $6,800 billion. No entity doing $1.8 trillion in 2024 in deficit spending gives a rat's ass about "profits". The US Federal government just spends what it wants to spend, it doesn't have any need to generate any sort of "profits" first. Thinking the Federal government cares about profits is being nowhere near cynical enough.
paxys 26 minutes ago [-]
This is generally true even setting side the "war with China" angle. Intel is a large domestic company employing hundreds of thousands in a very critical sector, and the government has every incentive to prevent it from failing. In the last two decades we've bailed out auto companies and banks and US Steel (kinda) for the same reason.
bee_rider 28 minutes ago [-]
Sure, but this is an interesting independent of the government holding Intel stock.
The US government always ought to have the interest of US companies in mind, their job is to work in the interest of the voters and a lot of us work for US companies.
pbhjpbhj 1 hours ago [-]
They can buy enough stock to shift the price, then use that as a lever to control their own investments prices (and thence profits). Like they've done with tariffs.
bee_rider 30 minutes ago [-]
That sounds more like an abuse of government powers for individual gain than any legitimate government interest. If that was the plan it would make just as much sense to short a company and then announce a plan to put them under greater regulatory scrutiny.
59 minutes ago [-]
nyc_data_geek1 1 hours ago [-]
Shouldn't be, yes. Isn't? Have you seen the rhetoric around tariffs? A lot of people thought they wanted the government run like a business, so welcome to the for-profit government society.
lawlessone 1 hours ago [-]
What happens now if one of these companies implodes? does it pull everything with it?
YeahThisIsMe 1 hours ago [-]
Why would anything that isn't Intel implode? And what's "everything"?
smegger001 12 minutes ago [-]
a plateauing in AI development leading to another AI Winter causing dotcom bubble 2 electric boogaloo.
Well, the AI bubble will eventually pop since none of the major AI chatbots are remotely profitable, even on OpenAI's eyewatering $200/month pay plan which very few have been willing to pay, and even on that OpenAI is still loosing money on it. And when it pops, so will Nvidia's stock, it's only a matter of time.
The AI hype train was built on the premise that AI will progress linearly and eventually end up replacing a lot of well paid white collar work, but it failed to deliver on that promise by now, and progress has flatlined or sometimes even gone backwards (see GPT-5 vs 4o).
FAANG companies can only absorb these losses for so long before shareholders pull out.
bee_rider 41 minutes ago [-]
The AI bubble pop is probably not something NVIDIA is super looking forward to, but of anybody near the bubble they are the least likely to really get hurt by it.
They don’t make AI chips really, they make the best high-throughput, high-latency chips. When the AI bubble pops, there’ll be a next thing (unless we’re really screwed). They’ve got as good chance of owning that next thing as anybody else does. Even better odds if there are a bunch of unemployed CUDA programmers to work on it.
erichocean 1 hours ago [-]
> AI will replace a lot of well paid white collar work, but it failed to deliver on that promise
This is comically premature.
FirmwareBurner 59 minutes ago [-]
>This is comically premature.
When you follow the progress in the last 12 months, it really isn't. Big AI companies spent "hella' stacks" of cash, but delivered next to no progress.
Progress has flatlined. The rocket to the moon phase has already passed us by now.
bdamm 1 hours ago [-]
The white collar worker doesn't need to be replaced for the bots to be profitable. They just need to become dependent on the bots to increase their productivity to the point where they feel they cannot do their job without the chatbot's help. Then the white collar worker will be happy to fork over cash. We may already be there.
Also never forget that in technology moreso than any other industry showing a loss while actually secretly making a profit is a high art form. There is a lot of land grabbing happening right now, but even so it would be a bit silly to take the profit/loss public figures at face value.
FirmwareBurner 55 minutes ago [-]
>We may already be there.
Numbers prove we aren't. Sales figures show very few customers are willing to pay $200 per month for the top AI chatbots, and even at $200/month, OpenAI is still taking a loss on that plan so they're still loosing money even with top dollar customers.
I think you're unaware just how unprofitable the big AI products are. This can only go on for so long. We're not in the ZIRP era anymore where SV VC funded unicorns can be unprofitable indefinitely and endlessly burn cash on the idea that when they'll eventually beat all competitors in the race to the bottom and become monopolies they can finally turn a profit by squeezing users with higher real-world price. That ship has sailed.
blonder 37 minutes ago [-]
I don't think you can confidently say how it will pan out. Maybe OpenAI is only unprofitable at the 200/month tier because those users are using 20x more compute than the 20/month users. OpenAI claims that they would be profitable if they weren't spending on R&D [1], so they clearly can't be hemorrhaging money that badly on the service side if you take that statement as truthful.
The FCC does not have the power to shut down broadcasts based on their content.
NewJazz 1 hours ago [-]
It does have the power to intimidate broadcasters and pressure them in a variety of ways.
Zacharias030 2 hours ago [-]
ostensibly it does.
cactacea 1 hours ago [-]
Sure seems like they're trying to invent one
maxlin 2 hours ago [-]
[flagged]
lobsterthief 2 hours ago [-]
He didn’t say anything violent. Have you watched the monologue?
Even if he did (which he didn’t), I don’t see Fox shutting down anything when one of their presenters recently stated, on air, that we should euthanize our homeless population.
InitialLastName 58 minutes ago [-]
To be clear (not that I agree with this situation):
Fox News (where that presenter works) is a cable network, beholden to the cable providers but not a broadcaster. The FCC has relatively little leverage to regulate it, because it does not rely on broadcast licenses.
ABC is a broadcast network. It relies on a network of affiliates (largely owned by a few big companies) who selectively broadcast its programming both over the airwaves and to cable providers. Those affiliates have individual licenses for their radio broadcasting bandwidth which the FCC does have leverage over (and whose content the FCC has a long history of regulating, but not usually directly over politics, e.g. public interest requirements, profanity, and obscenity laws).
nerdponx 2 hours ago [-]
To be fair I don't see what the FCC has to do with it. This is classic Manufacturing Consent behavior.
yoyohello13 1 hours ago [-]
Did you actually watch the clip? Or are you just repeating what you heard on social media?
hexator 2 hours ago [-]
Where exactly did he say anything remotely violent
jjkaczor 2 hours ago [-]
Actually - he didn't he made fun of Trump ditching the memorial service...
Which Trump did.
ohdeargodno 1 hours ago [-]
[dead]
yalogin 2 hours ago [-]
I don’t follow how it’s a death knell to intel AI chips. Nvidia bought shares, not a board seat. May be that’s the plan, but if you take the example of Microsoft buying apple shares that only gave apple a lifeline to build better. I do understand nvidia wants to have the whole gpu market to themselves but how will they do it?
dragonwriter 1 hours ago [-]
> Nvidia bought shares, not a board seat.
I think the assumption there is that the strategic partnership that is part of the deal would in effect preclude Intel from aggressively competing with NVIDIA in that market, perhaps with the belief that the US governments financial stake in Intel would also lead to reduced anti-trust scrutiny of such an agreement not to compete.
littlecranky67 1 hours ago [-]
They literally bought board seats - not today, but shares entitle you to vote on the board members on the next shareholder meeting. And 5$bn of shares buy you a lot of votes.
andirk 29 minutes ago [-]
5$bn may not buy a huge amount of voting power, but if there are close votes on important things then it could be enough to affect the company. Keeping ones enemies closer, regardless of voting, can also help overall.
bogwog 4 hours ago [-]
Intel had an opportunity to differentiate themselves by offering more VRAM than Nvidia is willing to put in their consumer cards. It seemed like that was where Battlemage was going.
But now, are they really going to undermine this partnership for that? Their GPUs probably aren't going to become a cash cow anytime soon, but this thing probably will. The mindset among American business leaders of the past two decades has been to prioritize short-term profits above all else.
etempleton 2 hours ago [-]
It may be that Nvidia doesn’t really see Intel as a competitor. Intel serve a part of the GPU market that Nvidia has no interest in. This reminds me a bit of Microsoft’s investment into Apple. Microsoft avoided the scorn of regulators by keeping Apple around as a competitor and if they succeed, great, they make money off of the deal.
pchangr 3 hours ago [-]
I remember when I was studying for an MBA.. a professor was talking about the intangible value of a brand .. and finance.. and how they would reflect on each other ..
At some point we were decomposing the parts of a balance sheet and they asked if one could sell the goodwill to invest in something else .. and the answer was of course .. no… well.. America has proven us wrong .. the way you sell the goodwill is to basically enshittification.. you quickly burn all your brand reputation by lowering your costs with shittier products .. your goodwill goes to 0 but your income increases so stock go up .. the CEO gets a fat bonus for it .. even tho the company itself is destroyed .. then the CEO quickly abandons ship and does the same on their next company .. rinse and repeat… infinite money!
poslathian 2 hours ago [-]
We always called this “monetizing the brand” and it’s been annoying me since at least when Sperry when private equity and the shoes stopped being multi-year daily drivers
benced 3 hours ago [-]
The likelihood intel AI was going to catch up with efforts like AWS Trainium, let alone Nvidia was already vanishingly small. This gives intel a chance at maintaining leading edge fab technologies.
I feel bad for gamers - I’ve been considering buying a B580 - but honestly the consumer welfare of that market is a complete sidenote.
nickysielicki 2 hours ago [-]
I don’t agree. OneAPI gets a lot of things right that ROCM doesn’t, simply because ROCM is a 1:1 rip of what nvidia provides (warts and historical baggage included) whereas OneAPI was thoughtfully designed and did away with all of that. Intel has a strong history in networking, much stronger than Xilinx/AMD, and really was the best hope we had for an open standard to replace nvidia’s hellscape.
overfeed 3 hours ago [-]
> The likelihood intel AI was going to catch up with efforts like AWS Trainium, let alone Nvidia
...and yet Nvidia is not gambling with the odds. Intel could have challenged Nvidia on performance-per-dollar or per watt, even if they failed to match performance in absolute terms (see AMD's Zen 1 vs Intel)
delusional 2 hours ago [-]
> This gives intel a chance at maintaining leading edge fab technologies.
I don't think so:
> The chip giant hasn’t disclosed whether it will use Intel Foundry to produce any of these products yet.
It seems pretty likely this is an x86 licensing strategy for nvidia. I doubt they're going to be manufacturing anything on intel fabs. I even wonder if this is a play to get an in with Trump by "supporting" his nationalizing intel strategy.
nickysielicki 1 hours ago [-]
nvidia doesn’t need x86, they’re moving forward on aarch64 and won’t look back. For example, one of the headlines from CUDA 13 is that sbsa can be targeted from all toolkits, not as a separate download, which is important for making it easy to target grace. They have c2c silicon on grace for native host side nvlink. They’re not looking back.
dagmx 4 hours ago [-]
The regulators want this because it’s bolstering the last domestic owned fab.
Any down the road repercussions be damned from their perspective.
lvl155 4 hours ago [-]
Intel doesn’t deserve anything. They deserve to disappear based on how they ran the company as a monopoly. No lessons were learned.
leoc 1 hours ago [-]
That was quite a long time ago! Intel going down the chutes now isn’t an effective punishment for how it behaved under Andy Grove and won’t deter others from Grove-like behaviour. Instead it’ll just mean even less restraint on any of the big players with market power now, like nVidia, AMD and TSMC.
iends 2 hours ago [-]
This is likely true in a vacuum, but US national security concerns means the US needs Intel.
aDyslecticCrow 23 minutes ago [-]
The alternative is currently looking like cutting up of intel into piecemeal to make a quick buck just to stay afloat. The GPU division is not profitable and may be destroyed if overall financials don't improve.
bbarnett 1 hours ago [-]
Does Nvidia now have controlling interest? A bunch of board seats?
Why would it matter if not? This is a nice partnership. Each gets something the other lacks.
And it strengthens domestic manufacturing. Taiwan is going to be subumed soon, and we need more domestic production now.
stevenally 1 hours ago [-]
NVidia only owns 4% of Intel. They won't be able to dictate it's direction.
justincormack 4 hours ago [-]
Consumer gpus are totally different products from the high end gpus now. Intel has failed on the gpu market and has effectively zero market share, so it is not actually clear there is an antitrust issue in that market. It would be nice if there was more competition but there are other players like AMD and a long tail of smaller ones
tw04 4 hours ago [-]
>Consumer gpus are totally different products from the high end gpus now. Intel has failed on the gpu market and has effectively zero market share, so it is not actually clear there is an antitrust issue in that market. It would be nice if there was more competition but there are other players like AMD and a long tail of smaller ones
I'm sorry that's just not correct. Intel is literally just getting started in the GPU market, and their last several releases have been nearly exactly what people are asking for. Saying "they've lost" when the newest cards have been on the market for less than a month is ridiculous.
If they are even mediocre at marketing, the Arc Pro B50 has a chance to be an absolute game changer for devs who don't have a large budget:
I have absolutely no doubt Nvidia sees that list of "coming features" and will do everything they can to kill that roadmap.
raincole 3 hours ago [-]
"Intel getting started in GPU market" is like a chain smoker quitting smoking. It's so easy that they have done it 20 times!
tapland 2 hours ago [-]
The lastest Arc GPUs were doing good, and were absolutely an option for entry/mid level gamers. I think lack of maturity was one of the main things keeping sales down.
Seattle3503 2 hours ago [-]
I've been seeing a lot of homelab types recommending their video cards for affordable Plex transcoding as well.
bpt3 3 hours ago [-]
Intel has been making GPUs for over 25 years. Claiming they are just getting started is absurd.
To that point, they've been "just getting started" in practically every chip market other than x86/x64 CPUs for over 20 years now, and have failed miserably every time.
If you think Nvidia is doing this because they're afraid of losing market share, you're way off base.
bigyabai 3 hours ago [-]
224 GB/s
128 bit
The monkey's paw curls...
I love GPU differentiation, but this is one of those areas where Nvidia is justified shipping less VRAM. With less VRAM, you can use fewer memory controllers to push higher speeds on the same memory!
For instance, both the B50 and the RTX 2060 use GDDR6 memory. But the 2060 has a 192-bit memory bus, and enjoys ~336 GB/s bandwidth because of it.
privatelypublic 3 hours ago [-]
Tell me again, how fast can you move data from system ram to vram?
bigyabai 3 hours ago [-]
Over a PCIe5 x8, ~31.5gb/s.
Sohcahtoa82 2 hours ago [-]
I don't know what anybody would do with such a weak card.
My RTX 5090 is about 10x faster (measured by FP32 TFLOPS) and I still don't find it to be fast enough. I can't imagine using something so slow for AI/ML. Only 2.2 tokens/sec on an 8B parameter Llama model? That's slower than someone typing.
I get that it's a budget card, but budget cards are supposed to at least win on a pure price/performance ratio, even with a lower baseline performance. The 5090 is 10x faster but only 6-8x the price, depending on where in the $2-3,000 price range you can find one at.
dragonwriter 1 hours ago [-]
> My RTX 5090 is about 10x faster (measured by FP32 TFLOPS) and I still don't find it to be fast enough. I can't imagine using something so slow for AI/ML. Only 2.2 tokens/sec on an 8B parameter Llama model? That's slower than someone typing.
Its also orders of magnitudr slower than what I normally see cited by people using 5090s; heck, its even much slower than I see on my own 3080Ti laptop card for 8B models, though usually won’t use more than an 8bpw quant for that size model.
jpalawaga 1 hours ago [-]
you have outlier needs if an rtx, the fastest consumer grade card, is not good enough for you.
the intel card is great for 1080p gaming. especially if you're just playing counterstrike, indie games, etc, you don't need a beast.
very few people are trying to play 4k tombraider on ultra with high refresh rate.
Sohcahtoa82 40 minutes ago [-]
FWIW, my slowness is because of quantizing.
I've been using Mistral 7B, and I can get 45 tokens/sec, which is PLENTY fast, but to save VRAM so I can game while doing inference (I run an IRC bot that allows people to talk to Mistral), I quantize to 8 bits, which then brings my inference speed down to ~8 tokens/sec.
For gaming, I absolutely love this card. I can play Cyberpunk 2077 with all the graphics settings set to the maximum and get 120+ fps. Though when playing a much more graphically intense game like that, I certainly need to kill the bot to free up the VRAM. But I can play something simpler like League of Legends and have inference happening while I play with zero impact on game performance.
I also have 128 GB of system RAM. I've thought about loading the model in both 8-bit and 16-bit into system RAM and just swap which one is in VRAM based on if I'm playing a game so that if I'm not playing something, the bot runs significantly faster.
mysteria 6 minutes ago [-]
Hold on, you're only getting 45 tokens/sec with Mistral 7B on a 5090 of all things? That gets ~240 tokens/sec with Llama 7B quantized to 4 bits on llama.cpp and those models should be pretty similar architecturally.
I don't know exactly how the scaling works here but considering how LLM inference is memory bandwidth limited you should go beyond 100 tokens/sec with the same model and a 8 bit quantization.
> it is not actually clear there is an antitrust issue in that market
Preempting a (potential) future competitor from entering a market is also an antitrust issue.
Dylan16807 2 hours ago [-]
Other than the market segmentation over RAM amounts, I don't see very much difference. There's some but there's been some for a long time. Isn't AMD re-unifying their architectures?
0x457 55 minutes ago [-]
> There's some but there's been some for a long time. Isn't AMD re-unifying their architectures?
Yes.
> Other than the market segmentation over RAM amounts, I don't see very much difference.
The difference between CDNA and RDNA is pretty much how fast it can crunch FP64 and SR-IOV. Prior to RDNA, AMD GPUs were jacks of all trades with compute bias. Which made them bad for gaming unless the game is specifically written around async compute. Vega64 has more FP64 compute than the 4080 for context.
I think if AMD was able to get a solid market share of datacenter GPUs, they wouldn't have unified. This feels like CDNA team couldn't justify its existence.
1 hours ago [-]
ErigmolCt 3 hours ago [-]
If anything, it might be more of a strategic retreat or a hedged bet
2 hours ago [-]
alexnewman 2 hours ago [-]
Wait what. Intel GPU+AI efforts. People had to come together to fund the abandoned Intel SW development team. Intel GPUs are great at what they do but they are no nvidia. I don't even think that was on the roamdap. Also you don't know what nvidia wants. Maybe they want to flood the low end to destroy AMD benefiting consumers. We just don't know
JustExAWS 2 hours ago [-]
Right now, for the US national interests, our biggest concern is that Intel continues to exist. Intel has been making crappy GPUs for 25 years. They weren’t going to start making great GPUs now.
Besides, who would actually use them if they don’t support CUDA?
Everyone designs better GPUs than Intel - even Apple’s ARM GPUs have been outpacing Intel for a decade even before the M series.
trenchpilgrim 2 hours ago [-]
> They weren’t going to start making great GPUs now.
But that's exactly what they started doing with Battlemage? It's competitive in its price range and was showing generational strides.
> Besides, who would actually use them if they don’t support CUDA?
ML is starting to trend away from CUDA towards Vulkan, even on Nvidia hardware, for practical reasons (e.g. performance overhead).
JustExAWS 2 hours ago [-]
Intel has been trying to make decent GPUs for 25+ years. No company is going to invest billions buying Intel GPUs - especially not the hyper scalers.
tensor 2 hours ago [-]
Why does it matter if Intel exists if they can't compete? AMD exists. The only point of hoping they remain is to create an environment of competition as that drives development and progress.
Though fair and free markets is not at all what the current regime in the US believes in, instead it will be consolidation, leading waste, and little innovation and progress.
JustExAWS 2 hours ago [-]
AMD doesn’t have a foundery. They are irrelevant.
tensor 2 hours ago [-]
Well, I guess enjoy using your 3rd world Intel GPUs. A shitty foundery is irrelevant.
JustExAWS 2 hours ago [-]
Intel isn’t that far behind. But it is dumb to depend on fabs in a country that is just one Chinese missile away from getting destroyed.
So you don’t see the difference in the threat level of China bombing and invading Taiwan - which they already claim they own - and China attacking the US directly?
iamtedd 37 minutes ago [-]
I don't, because I'm not in the US. But my comment was in reply to the actual text of the grandparent, not some imagined subtext between the lines.
iszomer 1 hours ago [-]
And why would they when TSMC is in both China and the US in some fashion?
raw_anon_1111 56 minutes ago [-]
And Taiwan is forbidding TSMC from building their cutting edge fabs in the US…
That may have changed since then. But do you really want to depend on a foreign government for chip manufacturing?
techsystems 2 hours ago [-]
The reason why Nvidia is buying now does not have to do anything with Arc or GPU competition. There are mainly two reasons.
1) This year, Intel, TSMC, and Samsung announced their latest factories' yields. Intel was the earliest, with 18A, while Samsung was the most recent. TSMC yieled above 60%, Intel below 60%, and Samsung around 50% (but Samsung's tech is basically a generation ahead and technically more precise), and Samsung could improve their yields the most due to the way set up the processes, where 70% is the target. Until last year, Samsung was in the second place, and with the idea that Intel caught up so fast and taking Samsung's position at least for this year, Nvidia bought Intel's stock since it's been getting cheaper since COVID.
2) It's just generally good to diversify into your competitors. Every company does this, especially when the price is cheap.
cherioo 2 hours ago [-]
I am curious where you get your information about Samsung being more “precise”.
I was recently looking into 2nm myself, and based on wikipedia article on 2nm, TSMC 2nm is about 50% more dense than the samsung and intel equivalent. They aren’t remotely the same thing. Samsung 2nm and Intel 18A are about as dense as TSMC 3nm, that’s been in production for years.
tiffanyh 32 minutes ago [-]
This information is a bit dated but ...
Since "nm" is meaningless these days, the transistor count/mm2 is below.
As reference: TSMC 3nm is ~290 million transistors/mm2 (MTr/mm2).
>2) It's just generally good to diversify into your competitors. Every company does this, especially when the price is cheap.
This definitely isn't a thing that every company does (or even close to every company).
tester756 1 hours ago [-]
How do you know Intel 18A yield if this is one of the biggest secrets?
scrlk 7 hours ago [-]
> For personal computing, Intel will build and offer to the market x86 system-on-chips (SOCs) that integrate NVIDIA RTX GPU chiplets. These new x86 RTX SOCs will power a wide range of PCs that demand integration of world-class CPUs and GPUs.
I don't think this is Intel trying to save itself, it's nVidia. Intel GPUs have been in 3rd place for a long time, but their integrated graphics are widely available and come in 2nd place because nVidia can't compete in the x86 space. Intel graphics have been closing the gap with AMD and are now within what? A factor of 2 or less (1.5?)
IMHO we will soon see more small/quiet PCs without a slot for a graphics card, relying on integrated graphics. nVidia has no place in that future. But now, by dropping $5B on Intel they can get into some of these SoCs and not become irrelevant.
The nice thing for Intel is that they might be able to claim graphics superiority in SoC land since they are currently lagging in CPU.
jonbiggums22 5 hours ago [-]
Way back in the mid-late 2000s Intel CPUs could be used with third party chipsets not manufactured by Intel. This had been going on forever but the space was particularly wild with Nvidia being the most popular chipset manufacturer for AMD and also making in-roads for Intel CPUs. It was an important enough market than when ALi introduced AMD chipsets that were better than Nvidia's they promptly bought the company and spun down operations.
This was all for naught as AMD purchased ATi, shutting out all other chipsets and Intel did the same. Things actually looked pretty grim for Nvidia at this point in time. AMD was making moves that suggested APUs were the future and Intel started releasing platforms with very little PCIe connectivity, prompting Nvidia to build things like the Ion platform that could operate over an anemic pcie 1x link. There were really were the beginnings of strategic moves to lock Nvidia out of their own market.
Fortunately, Nvidia won a lawsuit against Intel that required them to have pcie 16x connectivity on their main platforms for 10 years or so and AMD put out non-competitive offerings in the CPU space such that the APU take off never happened. If Intel had actually developed their integrated GPUs or won that lawsuit or if AMD had actually executed Nvidia might well be an also-ran right around now.
To their credit, Nvidia really took advantage of their competitors inability to press their huge strategic advantage during that time. I think we're in a different landscape at the moment. Neither AMD nor Intel can afford boot Nvidia since consumers would likely abandon them for whoever could still slot in an Nvidia card. High performance graphics is the domain of add-in boards now and will be for awhile. Process node shrinks aren't as easy and cooling solutions are getting crazy.
But Nvidia has been shut out of the new handheld market and haven't been a good total package for consoles as SoC both rule the day in those spaces so I'm not super surprised at the desire for this pairing. But I did think nvidia had given up these ambitions was planning to try to build an adjacent ARM based platform as a potential escape hatch.
to11mtm 2 hours ago [-]
> It was an important enough market than when ALi introduced AMD chipsets that were better than Nvidia's they promptly bought the company and spun down operations.
This feels like a 'brand new sentence' to me because I've never met an ALi chipset that I liked. Every one I ever used had some shitty quirk that made VIA or SiS somehow more palatable [0] [1].
> Intel started releasing platforms with very little PCIe connectivity,
This is also a semi-weird statement to me, in that it was nothing new; Intel already had an established history of chipsets like the i810, 845GV, 865GV, etc which all lacked AGP. [2]
[0] - Aladdin V with it's AGP Instabilities, MAGiK 1 with it's poor handling of more than 2 or 3 'rows' of DDR (i.e. two double-sided sticks of DDR turned it into a shitshow no matter what you did to timings. 3 usually was 'ok-ish' and 2 was stable.)
[1] - SIS 730 and 735 were great chipsets for the money and TBH the closest to the AMD760 for stability.
[2] - If I had a dollar for every time I got to break the news to someone that there was no real way to put a Geforce or 'Radon' [3] in their eMachine, I could have had a then-decent down payment for a car.
[3] - Although, in an odd sort of foreshadowing, most people who called it a 'Radon', would specifically call it an AMD Radon... and now here we are. Oddly prescient.
jonbiggums22 8 minutes ago [-]
ALi was indeed pretty much on the avoid list for me for most of their history. It was only when they came out with the ULi M1695 made famous by the Asrock939dual-sata2 that they were a contender for best out of nowhere. One of the coolest boards I ever owned and was rock solid for me even with all of the weird configs I ran on it. I kind of wish I hadn't sold it even today!
I remember a lot disappointed people on forums who couldn't upgrade their cheap PCs as well, but there were still motherboards available with AGP to slot into for Intel's best products. Intel couldn't just remove it from the landscape altogether (assuming they wanted to) because they weren't the only company making Intel supporting chipsets. IIRC Intel/AMD/Nvidia were not interested in making AGP+PCIe supporting chipsets at all, but VIA/ALi and maybe SiS made them instead because it was a free for all space still. Once that went away Nvidia couldn't control their own destiny.
ninetyninenine 5 hours ago [-]
nvidia does build SOCs already. The AGXs and other offerings. I'm curious why they want intel despite having that technical capability of building SOCs.
I realize the AGX is more of a low power solution and it's possible that nvidia is still technically limited when building SOCs but this is just speculation.
Does anybody know actual ground truth reasoning why Nvidia is buying Intel despite the fact that nvidia can make their own SOCs?
whatevaa 4 hours ago [-]
Nvidia just doesn't care about console and handheld markets. They are unwilling to make customisations and it's low margin business.
The point stands, they're not willing to make something that could go in an ROG Ally, for example.
numpad0 2 hours ago [-]
Sometimes HN users appear to have absolutely zero sense of scales. Lifetime sales numbers of those are like hours to days worth equivalent of Switch 2.
sniffers 3 hours ago [-]
The rog ally probably won't sell a million units. The switch will sell 100 million. The switch is the mobile market, like it or not.
You can take a Nintendo Switch 1, hack open the bootloader, and install Linux with Vulkan-compatible drivers.
Make no mistake - there is no reason to do this besides shortening the hardware lifespan with Box86. But it is possible, most certainly.
wirybeige 5 hours ago [-]
Xe2 is superior to current AMD integrated already
yujzgzc 5 hours ago [-]
I think the comparison was between Nvidia standalone graphics chips and Intel integrated graphics capabilities.
4 hours ago [-]
SilverbeardUnix 3 hours ago [-]
Intel hasn't had desktop GPUs for a long time. Your timescale is off compared to how long AMD and Nvidia have had to polish their GPUs.
joz1-k 6 hours ago [-]
RIP Arc and Gaudi. There is no other way how to read this. Fewer competitors => higher prices.
numpad0 2 hours ago [-]
I just realized there's worse possibility. They might offer it as successor to xx50/60 RTX GPUs to unsupport CUDA on low ends.
jonbiggums22 5 hours ago [-]
I think it is bad news for the GPU market (AMD has had a beachhead with their integrated solution here as they've lost out elsewhere) but good for x86 which I've worried would be greatly diminished as Intel became less competitive.
philistine 5 hours ago [-]
Absolutely. This is terrible news for high emission gamers, who have been living under the boot of Nvidia for decades.
ddalex 7 hours ago [-]
That was targeted at supporting more tightly integrated and performant Macbooks .... it flopped because Apple came up with M1, not because it was bad per se.
JonChesterfield 7 hours ago [-]
The ryzen APUs had a rocky start but are properly good now, the concept is sound
intvocoder 7 hours ago [-]
apple never shipped a product with that, but it made for an excellent hackintosh
linuxftw 7 hours ago [-]
To me, this just validates what AMD has been doing for over a decade. Integrated GPUs for personal computing are the way forward.
herodoturtle 6 hours ago [-]
> Intel tried something similar with AMD (Kaby Lake-G). They paired a Kaby Lake CPU with a Vega GPU and HBM, but the product flopped
/me picturing Khaby Lame gesturing his hands at an obvious workaround.
newsclues 3 hours ago [-]
Stick some CUDA cores on the CPU and market is for AI?
qzw 7 hours ago [-]
Remember when Microsoft invested in Apple when Apple was down in the dumps? This is giving similar vibes. That deal was arguably what saved Apple near its nadir. I’m not a fan of Intel’s past monopolistic practices, but for the sake of sustaining competition in the CPU/GPU market, I hope this deal works out for them even half as well as the MS deal did for Apple.
jasode 6 hours ago [-]
>Remember when Microsoft invested in Apple when Apple was down in the dumps? This is giving similar vibes.
Doesn't feel the same because the 1997 investment was arranged by Apple co-founder Steve Jobs. He had a long personal relationship with Bill Gates so could just call him to drop the outstanding lawsuits and get a commitment for future Office versions on the Mac. Basically, Steve Jobs at relatively young age of 42 was back at Apple in "founder mode" and made bold moves that the prior CEO Gil Amelio couldn't do.
Intel doesn't have the same type of leadership. Their new CEO is a career finance/investor instead of a "new products new innovation" type of leader. This $5 billion investment feels more like the result of back-channel discussions with the US government where they "politely" ask NVIDIA to help out Intel in exchange for less restrictions selling chips to China.
jszymborski 6 hours ago [-]
> This $5 billion investment feels more like the result of back-channel discussions with the US government where they "politely" ask NVIDIA to help out Intel in exchange for less restrictions selling chips to China.
Stinks of Mussolini-style Corporatism to me.
dlcarrier 35 minutes ago [-]
This style of classical fascism or economic fascism, or whatever the term is differentiate it from the modern unrelated usage of fascism, being used in the US is a bit unnerving, and it's crazy that it's usually from the Republican party, who claims to espouse free markets.
It also happened under G. W. Bush with banks and auto manufacturers, but the worst offense was under Nixon with his nationalization of passenger rail.
At least with the bank and car manufacturer bailouts the government eventually sold off their stocks, and with the Intel investment the government has non-voting shares, but the government completely controls the National Railroad Passenger Corporation, (the NRPC aka Amtrak) with the board members being appointed by the president of the United States.
We lost 20 independent railroads overnight, and created a conglomerate that can barely function.
philistine 5 hours ago [-]
Yeah, the thing about the economy is it's too big for one mind to grasp, you need statistics to make sense of it in aggregate.
If you fiddle and concentrate only on the top performers, the bottom falls out. Most of the US economy is still in small companies.
paganel 4 hours ago [-]
That's how post-WW2 France was actually rebuilt. You could also see big hints of that in the US WW2 economic effort, which couldn't have been done without the Government taking a direct hold of things and instituting central-ish planning.
jszymborski 9 minutes ago [-]
You're speaking of what is referred to as neo-corporatism [0] and it's a tripartite, democratic process, not the fascist sort where everything is within and for the benefit of the state [1].
Let's assume Trump admin pressured Nvidia to invest in intel.
Chips act (voted by Democrats / Biden) gave Intel up to $7.8 billion of YOUR money (taxes) in form of direct grants.
Was it more of "Mussolini-style corporatism" to you or not?
jszymborski 5 hours ago [-]
There's big difference between government allocating tax payer dollars by passing a bill than a president using their influence to force dealings between corporate entities that benefit the ruling party.
unethical_ban 5 hours ago [-]
The parent comment is speculation. But yes, speculatively, a legislative act of investment would be less authoritarian than the whims of an executive that puts tariffs on your product constantly unless you do what he says.
MrBrobot 5 hours ago [-]
Is the method by which it’s communicated what gives you negative feelings? Because this is an approach to handling the labor dumping that’s been allowed in nearly every industry since the 1980s, and it’s been used numerous times in the US and abroad. They typically only offer temporary relief, while domestic industries should be adjusting and better trade deals get negotiated. The last I checked, that’s been happening to some degree… but it also probably needs to be supported by the ability for companies to borrow money, which the Fed (until recently) seemed hell bent on preventing, while we continued to watch the job market burn to the ground. So cash flush businesses investing in each other to keep competition alive seems like a positive here. Maybe that’s just me?
unethical_ban 4 hours ago [-]
My comment was only referring to the manner of implementation, not the positive or negative view of the investment.
It isn't the "method of communication". It's legislation vs. coercion (in the speculative scenario from the parent comment).
MrBrobot 3 hours ago [-]
Most regulation is effectively coercion. The difference is regulation isn’t easily rolled back, whereas the current approach to modifying behavior is (as we’ve seen, numerous times in the last few months even). One is more tolerant of failure than the other.
unethical_ban 2 hours ago [-]
There is an extreme where policy cannot be modified, and there is an extreme where the whims of one person, and the precedent of having the US government defined as the whims and whiplashes of one person, is immensely harmful to our national credibility. It fucks with investment, immigration and education.
I don't think that's an apt comparison, given that Microsoft and Apple were more direct competitors than Intel and Nvidia; the latter have a more symbiotic relationship. I think the rationale is closer to the competitor of my competitor is my friend -- they face two threats by AMD growing larger in the CPU market:
- a bigger R&D budget for their main competitor in the GPU market
- since Nvidia doesn't have their own CPUs, they risk becoming more dependent on their main competitor for total system performance.
scrlk 7 hours ago [-]
> since Nvidia doesn't have their own CPUs, they risk becoming more dependent on their main competitor for total system performance.
This is why they built the Grace CPU - noting that they're using Arm's Neoverse V2 cores rather than their own design.
readams 7 hours ago [-]
Here's Nvidia's CPUs, which are increasingly a required part of their data center offerings:
Required in that Nvidia would like to sell them to you. But customers seem to be hesitant and prefer x86-based DGX and similar systems. At least from what I've heard and seen.
xbmcuser 6 hours ago [-]
Nah I have feeling this is part of the result of the arm twisting to be allowed to sell to China.
mandevil 2 hours ago [-]
This is a big ask for a shrinking market- with the pressure that the Chinese government is putting on their domestic companies to not buy H20's, I'm not sure how big this is going to be going forward. 5 billion (plus whatever it costs to build these products) is a lot for a market that is probably going to be closed soon.
jeffwask 6 hours ago [-]
It's even more ironic when you remember in 2005 the tables were turned, and Intel was trying to buy Nvidia.
ErigmolCt 3 hours ago [-]
That Microsoft-Apple deal was part lifeline, part strategic insurance. Intel clearly needs a win, and Nvidia needs more control over its ecosystem without being chained to TSMC forever
mrtksn 6 hours ago [-]
Does intel have someone who will return and change the course of the company or return to its original mission or something of that sort?
sigwinch 6 hours ago [-]
Oh, I bet Elon has been handed some ideas.
vjvjvjvjghv 7 hours ago [-]
All they need now is a CEO like Steve Jobs…
__turbobrew__ 5 hours ago [-]
Jensen moves to intel …
aenopix 5 hours ago [-]
Competition?
znpy 6 hours ago [-]
> Remember when Microsoft invested in Apple when Apple was down in the dumps?
Had Apple failed, Microsoft would probably have been found to have a clear monopolistic position. And microsoft was already in hot waters due to InternetExplorer IIRC.
rhetocj23 5 hours ago [-]
Yep. MSFT needed Apple because of Anti-trust issues.
Apples demise wouldve nailed the case.
fidotron 7 hours ago [-]
Possibly more curious than the investment:
> Nvidia will also have Intel build custom x86 data center CPUs for its AI products for hyperscale and enterprise customers.
Hell has frozen over at Intel. Actually listening to people that want to buy your stuff, whatever next? Presumably someone over there doesn't want the AI wave to turn into a repeat of their famous success with mobile.
In the event Intel ever do get US based fabrication semi competitive again (and the national security motivation for doing so is intense) nVidia will likely have to be a major customer, so this does make sense. I remain doubtful that Intel can pull it off, and it will have to come from someone else.
baq 7 hours ago [-]
If you were a big enough customer you could get a SKU for you, too. E.g. hyperscalers have Xeons which are not available for any other customers for any price.
fidotron 7 hours ago [-]
But what they've completely resisted so far is any non trivial modification.
They turned down Acorn about the 286, which led to Acorn creating the Arm, they have turned down various console makers, they turned down Apple on the iPhone, and so on. In all cases they thought the opportunities were beneath them.
Intel has always been too much about what they want to sell you, not what you need. That worked for them when the two aligned over backwards compat.
Clearly the threat of an Arm or RISC-V finding itself fused to a GPU running AI inference workloads has woken someone up, at last.
brookst 6 hours ago [-]
Intel’s test for new business ideas has always been: will it make $1B in the first year?
It leads to mistakes like you mention, where a new market segment or new entrant is not a sure thing. And then it leads to mistakes like Larrabee and Optane where they talk themselves into overconfidence (“obviously this is a great product, we wouldn’t be doing it if it wasn’t guaranteed to make $1B in the first year”).
It is very hard to grow a business with zero risk appetite. You can’t take risky high return bets, and you can’t acknowledge the real risk in “safe” bets.
twoodfin 1 hours ago [-]
If Intel had a server SKU with fully integrated, competitive performance GPU cores that work with CUDA + unified memory, they’d sell billions worth in a day to the CSPs alone.
Sounds like they will someday soon.
There will always be giant, faraway GPU supercomputer clusters to train models. But the future of inference (where the model fits) is local to the CPU.
actionfromafar 6 hours ago [-]
Larrabee could have grown into something very cool if they had not dropped it and made it available on the open market, donated to universities and so on. Transputer vibes.
keyringlight 5 hours ago [-]
I think for Larrabee it was intel experimenting to find other markets for their Atom cores, and if there was market for it they needed to have the tenacity to cultivate it. Similar to how nvidia took huge amounts of time establishing GPGPU, CUDA, then machine learning, through to reaping the rewards over the past few years.
2010-2011 was also the time that AMD were starting to moan a bit about DX11 and the higher level APIs not being sufficient to get the most out of GPUs, which led to Mantle/Vulkan/DX12 a few years down the road. Intel did a bit regarding massively parallel software rendering, with the flexibility to run on anything x86 and implement features as you liked, or AMD's efforts for 'fusion' (APU+GPU, after recently acquiring ATi) or HSA which I seem to recall was about dispatching different types of computing to the best suited processor(s) in the system for it. However I got the impression a lot of development effort is more interested in progressing on what they already have instead of starting in a new direction, and game studios want to ship finished and stable/predictable product, which is where support from intel would have helped.
brookst 5 hours ago [-]
It’s entirely possible that Larrabee could have been the platform for Transformers. Maybe, maybe not.
But certainly Intel wasn’t willing to wait for the market. Didn’t make $1 billion instantly; killed.
bflesch 1 hours ago [-]
> will it make $1B in the first year?
It's typical corporate venturing and reporting to a CFO. Google is not much better with them cutting their small(er) projects.
dlcarrier 4 hours ago [-]
Console makers only get trivial modifications. ASRock sold a cryptocurrency miner, the BC-250, with the PS5 APU, and it works just like any of their other APUs, albeit with limited driver support.
fidotron 3 hours ago [-]
The BC250 does not use a PS5 APU, it uses another APU which has the same CPU core. By that measure the Cell in the PS3 and the Xenon of the XBox 360 were the same, or any AMD Jaguar device is a PS4.
This relates to the Intel problem because they see the world the way you just described, and completely failed to grasp the importance of SoC development where you are suddenly free to consider the world without the preexisting buses and peripherals of the PC universe and to imagine something better. CPU cores are a means to an end, and represent an ever shrinking part of modern systems.
dlcarrier 1 hours ago [-]
There's almost no chance it isn't using rejected PS5 APU dies. It has fused off two of the eight CPU cores, as well as 12 of the 36 GPU compute units, but otherwise has the exact same specifications. The one customization Sony did get, the use of GDDR6 RAM, is still present. It also exhibits the same very short-lived mix of Zen 2 with RDNA 2 and has the same die size and aspect ratio.
mschuster91 6 hours ago [-]
> they have turned down various console makers
The problem is, console manufacturers know precisely how much of their product they anticipate to sell, and it's usually a lot. The PlayStation 5 is 80 million units so far.
And at that scale, the console manufacturers want to squeeze every vendor as hard as they can... and Intel didn't see the need to engage in a bidding war with AMD that would have given them a sizable revenue but very little profit margin compared to selling Xeon CPUs to hyperscalers where Intel has much more leverage to command higher prices and thus higher margins.
> they turned down Apple on the iPhone
Intel just was (and frankly, still is) unable to compete on the power envelope with ARM, that's why you never saw x86 take off on Android as well despite quite a few attempts at it.
Apple only chose to go for Intel with its MacBook line as PowerPC was practically dead and offered no way to extract more performance, and they dropped Intel as soon as their own CPUs were competitive. To get Intel CPUs to the same level of power efficiency that M-series CPUs have would require a full rework of the entire CPU infrastructure and external stack, that would require money that even Intel at its best frankly did not have. And getting x86 to be power effective enough for a phone? Just forget it.
> Clearly the threat of an Arm or RISC-V finding itself fused to a GPU running AI inference workloads has woken someone up, at last.
Actually, that is surprising for me as well. NVIDIA's Tegra should easily be powerful enough to run the OS for training or inference workload. If I were to guess, NVIDIA wants to avoid getting caught too hard on the "selling AI shovels" train.
burnte 1 hours ago [-]
> And at that scale, the console manufacturers want to squeeze every vendor as hard as they can... and Intel didn't see the need to engage in a bidding war with AMD that would have given them a sizable revenue but very little profit margin compared to selling Xeon CPUs to hyperscalers where Intel has much more leverage to command higher prices and thus higher margins.
And so that gave AMD an opening, and with that opening they got to experiment with designs, tailor a product, get experience and industrial marketshare, and they were able to continue to offer more and better products. Intel didn't just miss a mediocre business opportunity, they missed out on becoming a trusted partner for multiple generations, and they handed market to AMD that AMD used to be a better market competitor.
mschuster91 33 minutes ago [-]
> and they handed market to AMD that AMD used to be a better market competitor.
AMD isn't precisely a market competitor. The server and business compute market is still firmly Intel and there isn't much evidence of that changing unless Apple drops M series SoCs to the wide open market which Apple won't do. Intel could probably release a raging dumpster fire and still go strong, oh wait, that's what they've been doing the last few years.
AMD is only a competitor in the lower end of the market, a market Intel has zero issue handing to AMD outright - partially because a viable AMD keeps the antitrust enforcers from breathing down their neck, but more because it drags down per-unit profit margins to engage in consoles and the lower rungs and niches.
burnte 20 minutes ago [-]
> The server and business compute market is still firmly Intel and there isn't much evidence of that changing
This is not true anymore, as it IS changing, and very rapidly. AMD has shot up to 27.3% of the server market share, which they haven't had since the Opteron days 20 years ago. Five years ago their server market share was very small single digits. They're half of desktops, too. https://www.pcguide.com/news/no-amd-and-intel-arent-50-50-in...
philistine 5 hours ago [-]
Apple did not want their x86 chips, they wanted their Xscale stuff. Apple went to Intel to get chips, the power envelope was appealing to Apple. Intel was the one to say no.
tmzt 3 hours ago [-]
Right. But of course, intel was busy spinning off their Xscale business to Marvell. If they had seriously invested in it, they could have owned the coming mobile revolution.
They did push hard on their UMPC x86 SoCs (Paulsbo and derivatives) to Sony, Nokia, etc. These were never competitive on heat or battery life.
JustExAWS 2 hours ago [-]
> The PlayStation 5 is 80 million units so far.
80 million in 5 years is a nothing burger as far as volume.
mschuster91 1 hours ago [-]
Estimates are at 1M Xeons a month [1], so there have been more units of PS5 and thus CPUs sold to a single customer in the same timeframe than units of Xeon CPUs over all customers.
NVDA sold 153 million Tegra units to Nintendo in 8 years, so 1.5M units a month. That's just as comparable.
Spot on about the AI/mobile parallel. Intel sat out the smartphone wave while pretending it didn’t matter, and now they’re scrambling not to miss the AI train
geertj 7 hours ago [-]
> Actually listening to people that want to buy your stuff, whatever next?
This is very likely the new culture that LBT is bringing in. This can only be good.
kristianbrigman 3 hours ago [-]
It was intel culture at one time - when I started, everyone got a card to wear with your badge with intel values, there were only 6 and ‘customer orientation’ was one. It definitely influenced my personal development, but was clearly not adopted equally across the company.
JCM9 7 hours ago [-]
Intel is a strategically important company for the United States. This smells like a token investment to appease the US government. Not saying it’s bad, but very much looks like that.
adrr 6 hours ago [-]
Only the fab part is. Intel needs to separate the two. Maybe Nvidia, AMD, or Qualcomm can buy the the fab part.
Keyframe 5 hours ago [-]
AMD sold off its foundries, why would they buy some again?
mschuster91 6 hours ago [-]
Why would either of these three be interested in buying a fab? The only other large player with its own fab is Samsung and Samsung has the same problem that Intel has, namedly a fab that is nowhere near close to TSMC.
I agree that Intel would be better served to spin off its fab division, a potential buyer could be the US government for military and national security relevant projects.
adrr 6 hours ago [-]
Someone could be interested. It could also be Global Foundries. High risk big reward bet which the government is willing to help mitigate some of the risk with funding.
They just need to separate business units.
DanielHB 5 hours ago [-]
Not an expert in the area, but I think the highest of the high-end chips is a big market, but not the biggest market as revenue for fabs. It is just the most profitable part of the market.
Maybe this changed with the AI race but there are plenty of people buying older chips by the millions for all sorts of products.
mandevil 2 hours ago [-]
The key for getting (financial) value out of fabs is their time after they are the overtaken by the next node. The ability to keep the order book full after you have a better node is what pays off the fab. So its all the other chips- the chips for cars, for low-power internet connected devices, etc. that make the fab profitable. That is where TSMC's ability to work with different customers enables them to extract value from a fab that pure-play CPU makers struggle with.
HDThoreaun 5 hours ago [-]
Being fabless is a huge strategic advantage to chip designers. Intel's biggest problem has been that theyre stuck on shitty fabs. Nvidia, amd, and qualcomm do not want to be in that position.
ErigmolCt 3 hours ago [-]
Yeah, it definitely has that “optics-first” vibe to it.
wheybags 7 hours ago [-]
I wonder what this means for Intel's Arc lineup. Would be a bit crazy to have privileged access to a competitor's roadmap through just owning a chunk of them. I also have to admit I really hope they dont cancel them. A triopoly is at least better than a duopoly (or realistically, a monopoly as AMD's competitiveness in gpus is pretty questionable)
Workaccount2 5 hours ago [-]
It probably kills any prospect of Intel releasing a market disrupter card that many were calling for - a 64GB or 92GB card with even middling performance for under $1k.
It's pretty clear AMD and Nvidia are gatekeeping memory so they can iterate over time and protect their datacenter cards.
Intel had a prime opportunity to blow this up.
vid 5 hours ago [-]
That's what I think of, along with favour from their new investment sibling, the US government. AMD doesn't want to be super competitive, they like their margins and being second choice in a hypetastic market. Even though Arc has very low adoption, it was making signs of doing scrappy things, like enabling two 24GB GPUs on one card from third party vendors, which got the hobby/upstart community pretty excited. Ultimately it's not a real market giving the people what they want via competition, it's all contrived by politics and the biggest players.
thescriptkiddie 4 hours ago [-]
imho the entire point of this for nvidia is to kill arc
rkomorn 4 hours ago [-]
Which is arguably kind of weird because where is it actually competing with NVIDIA? A hypothetical future, I guess?
But also, does this amount of ownership even give them the ability to kill anything on Intel's roadmap without broad shareholder consensus (not that that's even how roadmaps are handled anyway)?
whycome 7 hours ago [-]
Also, the US Govt bought $8.9B in stock last month I guess
Correction: Renegotiated a prior loan as a $8.9B stock purchase.
phkahler 5 hours ago [-]
Does that mean Intel doesn't ever have to pay it back?
KeplerBoy 5 hours ago [-]
It means Intel already paid it back. The dilution hurt all other owners.
5 hours ago [-]
GeekyBear 4 hours ago [-]
Could AMD argue that Intel's licence agreement for x86-64 is at risk since it requires that Intel (and AMD) may not change hands?
notnullorvoid 2 hours ago [-]
There's a lot of concern in the comments here about what this means for ARC. The size of this investment while large isn't enough to warrant jeopardizing ARC though. Intel has a responsibility to all shareholders, and diminishing ARC would be a bad move for overall shareholder value.
If Nvidia did try to exert any pressure to scrap ARC, that would be both a huge financial and geopolitical scandal. It's in the best interest of the US to not only support Intel's local manufacturing, but also it's GPU tech.
phendrenad2 2 hours ago [-]
Called it. I knew Nvidia had nowhere left to go, with that insanely high valuation, other than to start buying competitors and adjacent companies. I don't think this is the end, either.
JonChesterfield 7 hours ago [-]
I can think of _nothing_ with a better shot at unseating nvidia than a merger with intel. Fingers crossed for ever closer union between the two.
ericmay 7 hours ago [-]
They aren’t merging - this is Nvidia ensuring their tech is in Intel chips.
rm445 6 hours ago [-]
Might rather see it the other way around - Nvidia getting license to create products with x86(_64) CPUs integrated in the silicon. Nvidia are the big boy in this transaction and they'll get what they want out of it. But I can see the attraction for Intel.
noncoml 2 hours ago [-]
I don't think they can, as AFAIK the agreement for x86_64 is that Intel and AMD cannot change hands. AMD will surely fight this tooth and nail in the courts
But with the state of the courts today... who knows..
JonChesterfield 7 hours ago [-]
Yes indeed. It's still a step in that direction that opens up a bunch of communication channels between the execs of the two companies. Things move slowly.
imiric 7 hours ago [-]
You can't be serious.
Intel was well on its way to be a considerable threat to NVIDIA with their Arc line of GPUs, which are getting better and cheaper with each generation. Perhaps not in the enterprise and AI markets yet, but certainly on the consumer side.
This news muddies this approach, and I see it as a misstep for both Intel and for consumers. Intel is only helping NVIDIA, which puts them further away from unseating them than they were before.
Competition is always a net positive for consumers, while mergers are always a net negative. This news will only benefit shareholders of both companies, and Intel shareholders only in the short-term. In the long-term, it's making NVIDIA more powerful.
tremon 6 hours ago [-]
I'm not convinced. The latest Battlemage benchmarks I've seen put the B580 at the same performance as the RTX 4060 (which is a two years old entry-level card) but with 50% more power consumption (80W vs 125W average). It's good to have more than one open source supporting graphics vendor, but I don't think Nvidia is losing any sleep over Intel's GPU offerings.
throwawaythekey 6 hours ago [-]
Battlemage had the best perf/% and most the driver issues from Alchemist had been ironed out. Another generation or two of steady progress and intel have a big winner on their hands.
Intel's foundry costs are probably competitive with nvidia too - nvidia has too much opportunity cost if nothing else.
ComputerGuru 5 hours ago [-]
What is performance per percent?
purpleflame1257 3 hours ago [-]
It was a typo for $. The Arc B580 competed with the 4060 at 50 dollars less MSRP and 4GB more vram
bogwog 4 hours ago [-]
This is very short-sighted. The cards are improving, which can't really be said about AMD, the only other potential threat to Nvidia. It's also well known that Nvidia purposefully handicaps their consumer cards to avoid cannibalizing their enterprise cards. That means that the consumer market at least is not as efficient/optimal as it could be, so a competitor actually trying to compete (unlike AMD, apparently) should be able to do that without even having to out-innovate Nvidia or anything like that. Just get close on compute performance, but offer more VRAM or cheaper multi-gpu setups.
imiric 3 hours ago [-]
The B580 was released in December 2024, and the 4060 in May 2023. So not quite a two year difference.
While it doesn't quite compete at performance and power consumption, it does at price/performance and overall value. It is a $250 card, compared to the $300 of the 4060 at launch. You can still get it at that price, if there's stock, while the 4060 hovers around $400 now. It's also a 12GB card vs the 8GB of the 4060.
So, sure, this is not competitive at the high-end segment, but it's remarkable what they've accomplished in just a few years, compared to the decades that AMD and NVIDIA have on them. It's definitely not far fetched to assume that the gap would only continue to close.
Besides, Intel is not only competing at GPUs, but APUs, and CPUs. Their APU products are more performant and efficient than AMD's (e.g. 140V vs 890M).
HDThoreaun 5 hours ago [-]
nvidia's margins are over 80% for datacenter products. If Intel can produce chips with enough vram and performance on par with nvidia from 2 years ago at 30% margins theyd steal a lot of business, if they can figure out the cuda side of things.
JonChesterfield 7 hours ago [-]
I'm sure Larrabee will be superb any year now. The Xeon phi will rise again. For supporting evidence, the success of Aurora. Weren't the loss-leading arc GPUs cancelled as well? Maybe that only one generation of them, it does look like some are on the market now.
I think this partnership will damage nvidia. It might damage intel, but given they're circling the drain already, it's hard to make matters worse.
It's probably bad for consumers in every dimension.
Or to take the opposite, if nvidia rolled over intel and fired essentially everyone in the management chain and started trying to run the fabs themselves, good chance they'd turn the ship around and become even more powerful than they already are.
whatever1 6 hours ago [-]
Has Nvidia has ran any fab successfully ?
JonChesterfield 6 hours ago [-]
Nope. It will/would be a learning curve. They'd probably seed it with strategic hires from TSMC.
imiric 7 hours ago [-]
> It might damage intel, but given they're circling the drain already, it's hard to make matters worse.
How was Intel "circling the drain"?
They have a very competitive offering of CPUs, APUs, and GPUs, and the upcoming Panther Lake and Nova Lake architectures are very promising. Their products compete with AMD, NVIDIA, and ARM SoCs from the likes of Apple.
Intel may have been in a rut years ago, but they've recovered incredibly well.
This is why I'm puzzled by this decision, and as a consumer, I would rather use a fully Intel system than some bastardized version that also involves NVIDIA. We've seen how well that works with Optimus.
JonChesterfield 6 hours ago [-]
None of their products are competitive, they fired the CEO who was meant to save them, fired tens of thousands of their engineers, sold off massive chunks of the company, they're still bleeding money and begging for state support?
Also their network cards no longer work properly which is deeply aggravating as that used to be something I could rely on, just bought some realtek ones to work around the intel ones falling over.
gregoryl 5 hours ago [-]
I have bad news about realtek networking...
dontlaugh 3 hours ago [-]
Realtek is actually alright nowadays, even on Linux.
imiric 3 hours ago [-]
> None of their products are competitive
We must live in different universes, then.
Intel's 140V competes with and often outperforms AMD's 890M, at around half the power consumption.[1]
Intel's B580 competes with AMD's RX 7600 and NVIDIA's RTX 4060, at a fraction of the price of the 4060.[2]
They're not doing so well with desktop and laptop CPUs, although their Lunar Lake and Arrow Lake CPUs are still decent performers within their segments. The upcoming Panther Lake architecture is promising to improve this.
If these are not the signs of competitive products, and that they're far from "circling the drain", then I don't know what is.
FWIW, I'm not familiar with the health of their business, and what it takes to produce these products. But from a consumer's standpoint, Intel hasn't been this strong since... the early 00s?
When your own most competitive products are being made by your competitor for you, while you still have the cost center of running your own production fabs incapable of producing your most competitive products, and receiving bailouts just to keep the lights on...
Some would say that's circling the drain.
Retric 7 hours ago [-]
Mergers where one company is on the verge of failing can be a net positive for consumers. Most obviously this happens when banks fail and people’s bank cards still work etc and at least initially the branches stay open.
Intel isn’t at that point, but the companies trajectory isn’t looking good. I’d happily sacrifice ARC to keep a duopoly in CPU’s.
mschuster91 6 hours ago [-]
> This news muddies this approach, and I see it as a misstep for both Intel and for consumers.
Consumers still have AMD as an alternative for very decent and price attractive GPUs (and CPUs).
adrian_b 5 hours ago [-]
Not everybody wants GPUs for games or for AI.
AMD has always followed closely NVIDIA in crippling their cheap GPUs for any other applications.
After many years of continuously decreasing performance of the "consumer" GPUs, only Intel has offered in the Battlemage GPUs FP64 performance comparable with what could be easily obtained 10 years ago, but no longer today.
Therefore, if the Intel GPUs disappear, then the choices in GPUs will certainly become much more restricted than today. AMD has almost never attempted to compete with NVIDIA in features, but whenever NVIDIA dropped some feature, so did AMD.
kbolino 37 minutes ago [-]
The only consumer GPUs ten years ago that offered decent FP64 performance were the GTX TITAN series. And they were beasts! It's a shame nothing quite like them exists anymore. But they were the highest of high-end cards, certainly not that common or cheap.
saejox 6 hours ago [-]
I hope this isn't "Shut-up" money to end ARC gpu development. i have an A770, i am very happy with it.
bilekas 6 hours ago [-]
It's absolutely not, the ARC line is not a threat in any way to nVidia, it's to get it's feet into the CPU market without the initial setup costs and research it would take to start from scratch.
They will be dominating AMD now on both fronts if things go smoothly for them.
HarHarVeryFunny 4 hours ago [-]
I'm guessing NVidia didn't do this by choice. Propping up Intel doesn't seem in their best interests, nor does it do their share holders any favors by diluting their rapid growth.
nxobject 2 hours ago [-]
There's some case for self-interest – propping up another fab etc. – but I do wonder how much of it is USG. (The economic case for Intel integrating Nvidia silicon on-chip doesn't too much sense to me: there's no growth potential in commodity/consumer x86, and maybe they can shove their new integrated Nvidia in front of enterprise buyers, but I'd be a dubious re: ROI.)
4 hours ago [-]
danans 4 hours ago [-]
> I'm guessing NVidia didn't do this by choice. Propping up Intel doesn't seem in their best interests
In a top-down oligarchy, their best interests are served by focusing on the desires of the great leader, in contrast to a competitive bottom-up market economy, where they would focus on the desires of customers and shareholders.
bilekas 6 hours ago [-]
This really wasn't a surprise, nVidia has seemed to be itching for a meaningful entry to the CPU market and when intel's CEO started undoing all and any future investment in the company it was clear everything was being setup for a sell off.
5 Billion is just a start but this is a gift for nVidia to eventually squire intel.
xbar 6 hours ago [-]
I think if Nvidia wanted to acquire Intel, they would acquire Intel.
Intel has never been so cheap relative to the kinds of IP assets that Nvidia values and probably will not be ever again if this and other investments keep it afloat.
Trump's FTC would not block.
You write with proper case-sensitivity for their titles which suggests some historic knowledge of the two. They have been very close partners on CPU+GPU for decades. This investment is not fundamentally changing that.
The current CEO is more like a CFO--cutting costs and eliminating waste. There are two exits from that: sell off, as you say, and re-investment in the products of most likely future profit. This could be a signal that the latter is the plan and that the competitive aspects of the nVidia-intel partnership will be sidelined for a while.
gorgoiler 7 hours ago [-]
> It is unclear if Intel will issue new stock for Nvidia to purchase
Erm, a rather important point to bury down the story. The fiest question on anyone’s lips will be is this $5bn to build new chip technology, or $5bn for employees to spend on yachts?
Mistletoe 7 hours ago [-]
It’s the most important part of the story. It’s so gross that companies can just dilute and create stock out of thin air like this. Why hold stock in Intel if the only people that ever buy the real stock and create buy pressure are the plebs? Here is the previous time…
> Intel stock experienced dilution because the U.S. government converted CHIPS Act grants into an equity stake, acquiring a significant ownership percentage at a discounted price, which increased the total number of outstanding shares and reduced existing shareholders' ownership percentage, according to The Motley Fool and Investing.com. This led to roughly 11% dilution for existing shareholders
andsoitis 7 hours ago [-]
> It’s so gross that companies can just dilute and create stock out of thin air like this.
To get money from the outside, you either have to take on debt or you have to give someone a share in the business. In this case, the board of directors concluded the latter is better. I don't understand why you think it is gross.
93po 3 hours ago [-]
To get a share in the business, you can also just buy stock in the business like everyone else, not increasing the total share count or causing dilution. They chose not to do this because it would have been more expensive due to properly compensating existing shareholders. So it's spiritually just theft.
geertj 7 hours ago [-]
> It’s so gross that companies can just dilute and create stock out of thin air like this.
Intel is up 30% pre market on this news so I think the existing shareholders will be fine.
93po 3 hours ago [-]
i stole $100 from you, but you later won a scratch off for $300, so my stealing was ok
sho_hn 7 hours ago [-]
nVidia has also been licensing their GPU IP to MediaTek recently, who are working on a 2nd generation of a SoC that combines their ARM cores with nVidia GPUs now, catering to e.g. the automotive market.
Looks like using GPU IP to take over other brands' product lines is now officially an nVidia strategy.
I guess the obvious worry here is whether Intel will continue development of their own dGPUs, which have a lovely open driver stack.
Panzer04 7 hours ago [-]
Unless Nvidia outright absorbs intel I think Intel would have to be kind of crazy to stop developing GPUs.
So long as the AI craze is hanging in there it feels like having that expertise and IP is going to have high potential upside.
sho_hn 7 hours ago [-]
I'd agree, but Intel has also halted dGPU development efforts before, cf. the canned Larrabee project. Which was more troubled on the technology side however.
ACCount37 7 hours ago [-]
Yeah, Larrabee was nowhere near what they have now with Intel Arc.
Would be foolish to throw that away now that they're finally getting closer to "a product someone may want to buy" with things like B50 and B60.
KeplerBoy 5 hours ago [-]
Seems Nvidia needs an alternative to MediaTek or wants to pressure MediaTek given the announcement of x86 Intel/Nvidia SoCs and the delay of DGX Spark, GB10 and N1X.
They wanted to launch DGX Spark early summer and it's nowhere to be seen, while strix halo is shipping in over 30+ SKUs from all major manufacturers.
twothreeone 2 hours ago [-]
People have been talking about the concentration of risk in popular indices, now large caps are buying each other's stakes? Intel's stock is up 27% today..
jonas21 3 hours ago [-]
NVDA stock is up 3.5% so far today, which is ~$150B, or slightly more than one Intel. $5B is pocket change in comparison.
prewett 3 hours ago [-]
Except that Nvidia, Inc. doesn't own any of that NVDA stock, other people do, and they cannot access that money. Nvidia, Inc. owns net profit, which is orders of magnitude less than market cap. Last year's net profit was just under $73 billion. ($5 billion is still very affordable, too be sure).
sekai 3 hours ago [-]
> Except that Nvidia, Inc. doesn't own any of that NVDA stock, other people do, and they cannot access that money. Nvidia, Inc. owns net profit, which is orders of magnitude less than market cap. Last year's net profit was just under $73 billion. ($5 billion is still very affordable, too be sure).
Not all deals are made in cash, they can borrow money against their market share.
baq 2 hours ago [-]
I think you may have missed AMC and TSLA; for quite a while their best selling products and biggest revenue drivers were their stock. Reflexivity is a thing; NVDA could issue 5, 10 or 20B and I don't think the price would move very much in this market. (Note that could change tomorrow.)
jonas21 3 hours ago [-]
The board could issue more stock, which would dilute existing shareholders by about 0.1% and (in theory) cause the stock price to drop by 0.1%.
But yeah, it's probably easier to just use cash on hand.
DrNosferatu 1 hours ago [-]
I would say it's basically a bailout.
Probably government-mandated.
joz1-k 8 hours ago [-]
About 16 years ago, Intel was considered an ugly monopoly that Nvidia didn't like [0]. It seems as if they have switched sides now.
Almost 15% of Intel is now owned between the US govt. and NVidia.
ErigmolCt 3 hours ago [-]
A weird kind of full-circle moment: Intel used to laugh off Nvidia, then tried Kaby Lake-G with AMD (RIP), and now they're handing over CPU real estate to the company that wiped the floor with their own GPU efforts
DarkmSparks 7 hours ago [-]
After the arm buyout fell through, I guess this is the next best thing. Plus a good deal for nvidia since Intel is pretty desperate at this point.
lacoolj 3 hours ago [-]
No way this doesn't get blocked by antitrust. This will make them way too large and Intel is already trying to sell off (US govt bought $10B couple weeks ago)
wmf 3 hours ago [-]
The government is the one pushing this deal. They won't block it.
y-c-o-m-b 3 hours ago [-]
> No way this doesn't get blocked by antitrust
That action may cease to exist soon, especially after Vance is POTUS and the courts stacked with Peter Thiel loyalists that back his vision of anti-competition. Bet on it.
nxobject 2 hours ago [-]
USG's far more interested in (scare quotes intentional) "AI dominance", and pushing American tech to fuse to do so – damn the consumer.
micromacrofoot 2 hours ago [-]
who's running antitrust these days
pjmlp 8 hours ago [-]
So AMD got ATI, and now NVidia gets Intel.
DiskoHexyl 8 hours ago [-]
Difference is, AMD wasn't a competitor for ATi. One mostly built CPU's, while another- GPUs.
These two, on the other hand, are competing in several major product categories. Overall, not a good look
pjmlp 7 hours ago [-]
I doubt we would be seeing Dell selling NVidia ARM CPUs anytime soon.
However I do imagine Intel GPUs, that were never great to start with, might be doomed, long term.
Also another possibility would be, there goes One API, which I doubt many people would care about, given how many rebrands SYSCL already went through.
roboror 5 hours ago [-]
>One mostly built CPU's, while another- GPUs.
I mean that also applies to Intel and Nvidia. Intel does make GPUs but their market impact is basically zero.
gpderetta 4 hours ago [-]
Fitting. Then you used to bolt a GPU to a computer. These days you bolt a computer to a GPU.
seanalltogether 7 hours ago [-]
It feels like the end is in sight for dedicated graphics chips in consumer devices. Phones, consoles, and now Apple silicon are proving that SoC designs with unified memory and focused thermals are a winning strategy for efficiency and speed. Nvidia may be happy enough to move the graphics strategy onto an SoC and keep discrete boards just for AI.
whatevaa 4 hours ago [-]
Yes for efficiency, not for speed.
esseph 6 hours ago [-]
Yet here I am just frothing for GPUs
jfdi 7 hours ago [-]
Great news for all involved. It also would seem to validate Apple’s unified architecture for inference, and imply AMD is getting close…
kllrnohj 7 hours ago [-]
You mean AMD's unified architecture. They were a founder of the HSA Foundation that drove innovation in this space complete with Linux kernel investments and unified compute SDKs, and they had the first shipping hardware support.
xbar 6 hours ago [-]
This is a strong take.
AMD's actual commitment to open innovation over the past ~20 years has been game changing in a lot of segments. It is the aspect of AMD that makes it so much more appealing than intel from a hacker/consumer perspective.
juancn 5 hours ago [-]
AMD is much stronger in unified memory architectures than Nvidia at this point.
It kinda makes sense, with the AI push.
I wonder what this means for the ARC line of GPUs?
WalterBright 55 minutes ago [-]
Looks like I sold my Intel too soon!
synergy20 2 hours ago [-]
smart move for nvidia, as amd is the true competitor, keeping using amd's cpu will just help to build up a competitor fast. also this helps intel to figure out its foundry business and it might work someday, which also benefits nvidia as now its only choice is tsmc.
LarsDu88 4 hours ago [-]
Microsoft bailing out Apple vibes.
This time around Nvidia should HOLDL the stock
654wak654 4 hours ago [-]
I'm very pessimistic about this. Goodbye to those nice, budget-friendly intel GPUs. nGreedia is going to continue selling 8 gig cards to consumers forever.
bobajeff 7 hours ago [-]
What's the significance of $5B of stock? Does that mean controlling share in Intel?
mr_toad 7 hours ago [-]
It’s a corporate engagement ring.
zeograd 7 hours ago [-]
Article mentions it amounts to ~5% ownership
iamacyborg 7 hours ago [-]
I would assume not given their market cap.
Ozarkian 7 hours ago [-]
It's written in the article that the $5B represents about 5% of Intel stock outstanding.
kypro 7 hours ago [-]
No, but it's still a big stake from the largest player in semis. You wouldn't expect a move like that if they didn't see an opportunity there.
onlyrealcuzzo 7 hours ago [-]
Seems like when Microsoft invested in Apple to keep Apple from going out of business and turning Microsoft into a potential Monopoly.
gmerc 3 hours ago [-]
This is the start of a state orchestrated AI war economy.
tasuki 6 hours ago [-]
> Nvidia announced that it will buy $5 billion in Intel common stock at $23.28 per share, representing a roughly 5% ownership stake in Intel. (Intel stock is now up 33% in premarket trading.)
Why/how is INTC premarket up from $24.90 around 30% (to $32), when Nvidia is buying the stock at $23.28 ? Who is selling the stock?
I suppose the Intel board decided this? Why did they sell under the current market price? Didn't the Intel board have fiduciary duty to get as good a price from Nvidia as possible? If Nvidia buying stock moves it up so much, it seems like a bad deal to sell the stock for so little.
mtlmtlmtlmtl 6 hours ago [-]
It's typical in these situations that the price per stock is negotiated, with current SP as a starting point. It's fairly unusual, I think, for the company selling stock to get a price significantly higher than market price. It's more typical that there's a slight discount. At least that's been the case for every stock I owned where dilution has occured. We also don't know yet when exactly this deal was negotiated and approved, so it's hard to actually say. Considering where INTC has been very recently(below $20), $23.28 seems very reasonable to me.
The reason the stock surged up past $30 is the general market's reaction to the news, and subsequent buying pressure, not the stock transaction itself. It seems likely that once the exuberance cools down, the SP will pull back, where to I can't say. Somewhere between $25 and $30 would be my bet, but this is not financial advice, I'm just spitballing here.
Symmetry 7 hours ago [-]
SemiAccruate reported that NVidia had been dipping its toes into manufacturing its products using Intel's fabs several months ago, I'd assume that that's related.
amo1111 8 hours ago [-]
This has been an interesting 1.5 months for Intel on all fronts. I wonder how long this deal was in the making, since the timing is impeccable, looking at the current administration's involvement with Intel.
glimshe 6 hours ago [-]
Are we getting a new iteration of sub-$200 mini PCs with an RTX chiplet?! That would be an amazing replacement for my N100!
boxerab 7 hours ago [-]
The enemy of my enemy is my friend
xyst 2 hours ago [-]
How to buy out competition, kill their product offerings, and further your own market dominance without improving your own product.
FpUser 2 hours ago [-]
Why there is no antitrust involved? this I think can affect AMD.
maxlin 2 hours ago [-]
No idea what to think of this. I don't want Intel to die, but what will this do to their GPU business they're competing with NVIDIA on. And at worst this leads to even more consolidation
varshithr 4 hours ago [-]
Grandma smiling from heaven
shmerl 2 hours ago [-]
I won't trust Nvidia not doing it for nefarious purposes.
Sol- 7 hours ago [-]
Nowadays I always wonder to what extent such deals are actually driven by market considerations and to what extent it's catering to the Trump administration. Token investments into this state enterprise named Intel seems to be a practical way to cater goodwill with the autocrats.
gdiamos 6 hours ago [-]
best news i've heard in days
kittikitti 3 hours ago [-]
Intel will soon say, "Et tu, Brute?"
alex1138 7 hours ago [-]
I know AMD used to be lacking but these days I guess they're probably the go-to on Linux because they share changes with the community
I don't like the idea of using Intel given their lack of disclosure for Spectre/Meltdown and some of their practices (towards AMD)
beameup10 8 hours ago [-]
Wasn't Nvidia working on their own CPU design? Will they drop that?
JonChesterfield 7 hours ago [-]
They're shipping arm derived cpus and have been for years.
vFunct 5 hours ago [-]
They also use RISC-V cores throughout their products
swarnie 4 hours ago [-]
Nana can stop spinning in her grave now, i think he just broke even....
smugma 7 hours ago [-]
Give up 0.1% of shares to get 5% of Intel.
Seems to be an easy bet, if for no other reason than to make the US Government (Trump) happy. Trump gets to tout his +30% return on investment.
OrvalWintermute 6 hours ago [-]
I'm taking this investment as a validation of the competitiveness of AMD's APUs & Apple's Silicon.
igtztorrero 7 hours ago [-]
This is the first step that Nvidia takes to devour Intel.
jgalt212 7 hours ago [-]
INTC is strategically important company. They won't be allowed to fail. Of course, that doesn't mean the stock is a good investment. During the GFC, all the equity holders were wiped out all the bond holders got all their money back. Figure that one out.
baq 7 hours ago [-]
That's quite literally why bonds are bonds and equity is equity...
jgalt212 2 hours ago [-]
Perhaps, but you do understand that the probability of every tranche regardless of seniority getting paid in full and the equity getting nothing is zero. It's mathematically impossible to pin the waterfall like this.
baq 2 hours ago [-]
With good enough lawyers mathematically impossible is practically relative. Assume the game is rigged, play accordingly. If it doesn't make sense, it makes sense.
BoredPositron 7 hours ago [-]
So that's probably it for the dedicated Intel GPUs. :/
belter 5 hours ago [-]
NVIDIA is Jensen Huang life, and he is probably the best CEO in the USA. But he should be careful. Possible Shareholders lawsuits come with Discovery. NVIDIA sales to Coreweave for example, a company they have shares on is starting to look a lot like self-dealing.
Also, since this Intel deal makes no sense for NVIDIA, a good observer would notice that lately, he seems to spend more time on Air Force One than with NVIDIA teams. The leak of any evidence, showing this was an investment ordered by the White House, will make his company hostage of future demands from the current corrupt administration. The timing is already incredibly suspicions.
We will know for sure he become a hostage, if the next NVIDIA investment is on World Liberty Financial.
The entire AI ecosystem that is being built out looks very suspect frankly..
dismalaf 1 hours ago [-]
Strategically this is good for the US and the West. Intel needs to survive because they have the only advanced fabs that aren't within reach of China.
But as a consumer, I hate this. Intel APUs have become quite good and are great for Linux users. I don't want Nvidia's bullshit infecting them. Jenson wants to be the Apple of chips and we'll all be worse off if Nvidia SoCs become ubiquitous.
aenopix 5 hours ago [-]
Capitalism, all at the hands of just a bunch of people.
monkeydust 8 hours ago [-]
Precursor to full acquisition perhaps...also maybe Jensen play to Trump a bit in this.
amo1111 8 hours ago [-]
If there’s a time to do it, now would be the time with the current administration looking at all the regulatory blowback.
Panzer04 7 hours ago [-]
If you wanted to acquire Intel you'd do it now. Maybe Intel's future products are garbage and they do worse - but the upside seems pretty high otherwise. This seems like a bit of a firesale price to acquire an advanced fab and CPU maker. Sure, it's Intel and they haven't been doing great, but companies with solid reliable outlooks don't trade this cheaply.
Ofc I would kind of hope/expect antitrust to object given that Intel makes both GPUs and CPUs, and Nvidia is/has dipped their toes into CPU production as well.
fidotron 7 hours ago [-]
> If you wanted to acquire Intel you'd do it now.
Intel still has to go through a lot of reorg (i.e. massive cuts) to get to a happy place, and this is what their succession of CEOs have been procrastinating over.
Panzer04 6 hours ago [-]
I recall reading a reddit comment (resounding source, I know) that claimed the reason Intel's e-cores are crushing it is because they actually synthesise them, while the P-cores are a bunch of bespoke circuits bodged together.
One wonders just how bad things must have been internally for that to be the state of one of their core IPs in this day and age...
baq 7 hours ago [-]
Judging by my linkedin feed the 'a lot of reorg' is underway.
fidotron 6 hours ago [-]
Bluntly, Intel has corporate cancer, and it requires removing the actual cancers, not a sort of 20% haircut.
hvb2 7 hours ago [-]
It would be 100% Trump to have Nvidia buy Intel and then announce how good of an investment decision he made by buying a slice of intel.
USA, where the federal government is picking winners and losers by making risky stock bets with public money.
delfinom 7 hours ago [-]
Not even the government at this point. The oligarchs are now in full control of the US and are dividing up their kingdoms. The plans for glulags for detractors are also being placed.
> The plans for glulags for detractors are also being placed.
This needlessly divisive and devoid of any factual basis. No gulags will exist and you know it.
mschuster91 6 hours ago [-]
> This needlessly divisive and devoid of any factual basis. No gulags will exist and you know it.
What about "Alligator Alcatraz", that has been called "concentration camp" [1] (so comparable with a gulag), or where the Korean detainees from the raid on the Hyundai/LG plant ended up, alleging utterly horrible conditions [2]? And there's bound to be more places like the latter, that was most likely just the tip of the iceberg and we only know about the conditions there because the South Korean government raised a huge stink and got the workers out of there.
Okay, Alcatraz 2.0 did get suspended in August to my knowledge, but that's only temporary. It's bound to get the legal issues cleaned up and then be re-opened - or the case makes its way through to the Supreme Court with the same result to be expected.
Those people aren't American citizens, the comparison doesn't fit.
TheCoelacanth 3 hours ago [-]
They didn't get due process, so there's no way to be sure that American citizens aren't getting sent there.
PKop 3 hours ago [-]
Of course they're making that distinction but I'll accept your tacit agreement that it's ok as long as they're non citizens.
TheCoelacanth 47 minutes ago [-]
I do not agree with that. In some cases it is acceptable to detain non-citizens for immigration-related offenses, but only if they receive due process to establish that they indeed should be detained.
Any denial of due process to any person is a gross violation of our most important right. Without the guarantee of due process to everyone, no one has any rights because those in power can violate rights at a whim.
mschuster91 2 hours ago [-]
There have been reported cases where ICE just ignored people's legal residence status or that they also snatched up citizens who didn't have paperwork on them just for "walking while black".
ICE doesn't reliably make any distinction, not since they hired thugs off of the streets and issued arrest quotas. Doesn't matter if the arrested have to be released later on.
ck2 41 minutes ago [-]
So USA now owns 10% of Intel
Did we make $500 Million off this?
Do we own 10% of Nvidia too? Or is that coming soon?
Hard to keep up with the now acceptable socialism
ur-whale 8 hours ago [-]
5B is a fairly tiny stake (Intel's market cap is around 120B), other than the "we're now working together" signal, why is this news?
nabla9 7 hours ago [-]
In terms of voting stock, they become the biggest owner after US Commerce Department.
As customer they get better access to Intel Foundry and can offload some capacity from TSMC.
voxadam 7 hours ago [-]
> In terms of voting stock, they become the biggest owner after US Commerce Department.
As I understand it the government's shares are non-voting.
snake42 6 hours ago [-]
The U.S. government won’t have a seat on the board and agreed to vote with Intel’s board on matters requiring shareholder approval “with limited exceptions.”
Panzer04 7 hours ago [-]
tbf, If I were Nvidia and antitrust wasn't an issue I'd be tempted to buy the whole thing.
Intel has a market cap just 2.5% of NVDA, so you could give away just 2.5% of your stock to buy the entirety of Intel. It's bonkers.
euLh7SM5HDFY 7 hours ago [-]
If that happened I would expect the same success story as with Boeing-McDonnell Douglas merger.
xbar 5 hours ago [-]
Why? That is an example of a bad engineering company being acquired and then poisoning the quality of the acquirer with its toxic, low-quality, corporate-politics-above-engineering culture.
There have been a lot of mergers where that has not happened.
ReptileMan 4 hours ago [-]
Doubtful. The gpus are usually securely mounted and there is no chance for them to ram themselves into the ground at mach speed.
amalcon 7 hours ago [-]
There are two scenarios here. In one, the AI bubble bursts (so Nvidia is overpriced now) and almost any value stock deal is good for them. In the other, it doesn't, and this gives them a limited hedge against problems with their most critical strategic partner (TSMC).
It looks like a good deal either way and in any amount. But of course I am no expert.
Panzer04 6 hours ago [-]
I suppose the problem is Intel doesn't actually have the fab capacity anyway. They were building it, but that's all on ice now, and probably wasn't close to TSMC anyway, I'd guess.
This all ignores the near complete lack of product out of their advanced processes as well.
Ekaros 7 hours ago [-]
Isn't 5% somewhat significant chunk? I really wouldn't call it tiny one. Maybe not even small anymore.
glimshe 6 hours ago [-]
This is a technology forum first and foremost. I know it might not look that way given the recent flood of political activism articles. But, in the technology field, this is pretty big news. This stake makes Nvidia one of Intel's biggest shareholders.
esseph 5 hours ago [-]
There is a good chance this was required by politicians, and is therefore political activism.
:-)
9cb14c1ec0 7 hours ago [-]
It's a good deal for Nvidia, because custom x86 server CPUs have optimization potential for AI computing clusters, which matters now that Nvidia has competitors that they didn't just 2 years ago. I think that the next several years of Nvidia will be ones of fending off growing competition.
They basically baked in a massive investment profit into the deal. When you factor in the stock jump since this announcement, Nvidia has already made billions.
ForHackernews 7 hours ago [-]
Who are NVidia's competitors? I thought they were the only game in town when it came to CUDA/AI chips.
re-thc 7 hours ago [-]
AMD, Broadcom, Huawei, etc
iamacyborg 7 hours ago [-]
Market cap was closer to 90B before this deal was announced
7 hours ago [-]
t1234s 2 hours ago [-]
Any chance this move gives $INTC some legs long term?
That would seem weird to be. Intel’s iGPUs are an incredibly good solution for their (non-glamorous) niche.
Intel’s dGPUs might be in a risky spot, though. (So… what’s new?)
Messing up Intel’s iGPUs would be a huge practical loss for, like, everyday desktop Linux folks. Tossing out their dGPUs, I don’t know if it is such a huge loss.
It would be an enormous loss to the consumer/enthusiast GPU buyer, as a third major competitor is improving the market from what feels like years and years of dreadful price/perf ratio.
Literally a previous gen card.
They were felt at an IC level.
American competition isn't a zero sum, and it's in Nvidias' best interest to keep the market healthy.
Looking at Google's recent antitrust settlement, I'm not sure this is true at present.
the fact that google pay firefox anually meaning that its in best interest of google that there is no monopoly, judge says
Nvidia is leaning more into data centres, but lack a CPU architecture or expertise. Intel is struggling financially, but have knowledge in iGPUs and a vast amount of patents.
They could have alot to give one another, and it's a massive win if it keeps intel afloat.
https://www.theregister.com/1998/10/29/microsoft_paid_apple_...
> handwritten note by Fred Anderson, Apple's CFO, in which Anderson wrote that "the [QuickTime] patent dispute was resolved with cross-licence and significant payment to Apple." The payment was $150 million
Quicktime got stolen by an ex-Apple employee & in return Apple had Microsoft commit money & promise to have Office suite available on macOS/OS X
[0] https://thisdayintechhistory.com/12/06/apple-sues-over-quick...
it would invite an DOJ case
Never imagined politics so obviously manipulating the talking heads with nary a care about perception.
Right now if the US wants to go to war with China, or anyone China really really likes, they can expect with high probability to very quickly encounter major problems getting the best chips. AIUI the world has other fab capacity that isn't in Taiwan, and some of it is even in the US, but they're all on much older processes. Some things it's not a problem that maybe you end up with an older 500MHz processor, but some things it's just a non-starter, like high-end AI.
Sibling commenters discussing profits are on the wrong track. Intel's 2024 revenue, not profits, was $53.1 billion. The Federal Government in 2024 spent $6,800 billion. No entity doing $1.8 trillion in 2024 in deficit spending gives a rat's ass about "profits". The US Federal government just spends what it wants to spend, it doesn't have any need to generate any sort of "profits" first. Thinking the Federal government cares about profits is being nowhere near cynical enough.
The US government always ought to have the interest of US companies in mind, their job is to work in the interest of the voters and a lot of us work for US companies.
The AI hype train was built on the premise that AI will progress linearly and eventually end up replacing a lot of well paid white collar work, but it failed to deliver on that promise by now, and progress has flatlined or sometimes even gone backwards (see GPT-5 vs 4o).
FAANG companies can only absorb these losses for so long before shareholders pull out.
They don’t make AI chips really, they make the best high-throughput, high-latency chips. When the AI bubble pops, there’ll be a next thing (unless we’re really screwed). They’ve got as good chance of owning that next thing as anybody else does. Even better odds if there are a bunch of unemployed CUDA programmers to work on it.
This is comically premature.
When you follow the progress in the last 12 months, it really isn't. Big AI companies spent "hella' stacks" of cash, but delivered next to no progress.
Progress has flatlined. The rocket to the moon phase has already passed us by now.
Also never forget that in technology moreso than any other industry showing a loss while actually secretly making a profit is a high art form. There is a lot of land grabbing happening right now, but even so it would be a bit silly to take the profit/loss public figures at face value.
Numbers prove we aren't. Sales figures show very few customers are willing to pay $200 per month for the top AI chatbots, and even at $200/month, OpenAI is still taking a loss on that plan so they're still loosing money even with top dollar customers.
I think you're unaware just how unprofitable the big AI products are. This can only go on for so long. We're not in the ZIRP era anymore where SV VC funded unicorns can be unprofitable indefinitely and endlessly burn cash on the idea that when they'll eventually beat all competitors in the race to the bottom and become monopolies they can finally turn a profit by squeezing users with higher real-world price. That ship has sailed.
[1] https://www.axios.com/2025/08/15/sam-altman-gpt5-launch-chat...
There is no such thing.
Even if he did (which he didn’t), I don’t see Fox shutting down anything when one of their presenters recently stated, on air, that we should euthanize our homeless population.
ABC is a broadcast network. It relies on a network of affiliates (largely owned by a few big companies) who selectively broadcast its programming both over the airwaves and to cable providers. Those affiliates have individual licenses for their radio broadcasting bandwidth which the FCC does have leverage over (and whose content the FCC has a long history of regulating, but not usually directly over politics, e.g. public interest requirements, profanity, and obscenity laws).
Which Trump did.
I think the assumption there is that the strategic partnership that is part of the deal would in effect preclude Intel from aggressively competing with NVIDIA in that market, perhaps with the belief that the US governments financial stake in Intel would also lead to reduced anti-trust scrutiny of such an agreement not to compete.
But now, are they really going to undermine this partnership for that? Their GPUs probably aren't going to become a cash cow anytime soon, but this thing probably will. The mindset among American business leaders of the past two decades has been to prioritize short-term profits above all else.
I feel bad for gamers - I’ve been considering buying a B580 - but honestly the consumer welfare of that market is a complete sidenote.
...and yet Nvidia is not gambling with the odds. Intel could have challenged Nvidia on performance-per-dollar or per watt, even if they failed to match performance in absolute terms (see AMD's Zen 1 vs Intel)
I don't think so:
> The chip giant hasn’t disclosed whether it will use Intel Foundry to produce any of these products yet.
It seems pretty likely this is an x86 licensing strategy for nvidia. I doubt they're going to be manufacturing anything on intel fabs. I even wonder if this is a play to get an in with Trump by "supporting" his nationalizing intel strategy.
Any down the road repercussions be damned from their perspective.
Why would it matter if not? This is a nice partnership. Each gets something the other lacks.
And it strengthens domestic manufacturing. Taiwan is going to be subumed soon, and we need more domestic production now.
I'm sorry that's just not correct. Intel is literally just getting started in the GPU market, and their last several releases have been nearly exactly what people are asking for. Saying "they've lost" when the newest cards have been on the market for less than a month is ridiculous.
If they are even mediocre at marketing, the Arc Pro B50 has a chance to be an absolute game changer for devs who don't have a large budget:
https://www.servethehome.com/intel-arc-pro-b50-review-a-16gb...
I have absolutely no doubt Nvidia sees that list of "coming features" and will do everything they can to kill that roadmap.
To that point, they've been "just getting started" in practically every chip market other than x86/x64 CPUs for over 20 years now, and have failed miserably every time.
If you think Nvidia is doing this because they're afraid of losing market share, you're way off base.
I love GPU differentiation, but this is one of those areas where Nvidia is justified shipping less VRAM. With less VRAM, you can use fewer memory controllers to push higher speeds on the same memory!
For instance, both the B50 and the RTX 2060 use GDDR6 memory. But the 2060 has a 192-bit memory bus, and enjoys ~336 GB/s bandwidth because of it.
My RTX 5090 is about 10x faster (measured by FP32 TFLOPS) and I still don't find it to be fast enough. I can't imagine using something so slow for AI/ML. Only 2.2 tokens/sec on an 8B parameter Llama model? That's slower than someone typing.
I get that it's a budget card, but budget cards are supposed to at least win on a pure price/performance ratio, even with a lower baseline performance. The 5090 is 10x faster but only 6-8x the price, depending on where in the $2-3,000 price range you can find one at.
Its also orders of magnitudr slower than what I normally see cited by people using 5090s; heck, its even much slower than I see on my own 3080Ti laptop card for 8B models, though usually won’t use more than an 8bpw quant for that size model.
the intel card is great for 1080p gaming. especially if you're just playing counterstrike, indie games, etc, you don't need a beast.
very few people are trying to play 4k tombraider on ultra with high refresh rate.
I've been using Mistral 7B, and I can get 45 tokens/sec, which is PLENTY fast, but to save VRAM so I can game while doing inference (I run an IRC bot that allows people to talk to Mistral), I quantize to 8 bits, which then brings my inference speed down to ~8 tokens/sec.
For gaming, I absolutely love this card. I can play Cyberpunk 2077 with all the graphics settings set to the maximum and get 120+ fps. Though when playing a much more graphically intense game like that, I certainly need to kill the bot to free up the VRAM. But I can play something simpler like League of Legends and have inference happening while I play with zero impact on game performance.
I also have 128 GB of system RAM. I've thought about loading the model in both 8-bit and 16-bit into system RAM and just swap which one is in VRAM based on if I'm playing a game so that if I'm not playing something, the bot runs significantly faster.
I don't know exactly how the scaling works here but considering how LLM inference is memory bandwidth limited you should go beyond 100 tokens/sec with the same model and a 8 bit quantization.
https://github.com/ggml-org/llama.cpp/discussions/15013
Preempting a (potential) future competitor from entering a market is also an antitrust issue.
Yes.
> Other than the market segmentation over RAM amounts, I don't see very much difference.
The difference between CDNA and RDNA is pretty much how fast it can crunch FP64 and SR-IOV. Prior to RDNA, AMD GPUs were jacks of all trades with compute bias. Which made them bad for gaming unless the game is specifically written around async compute. Vega64 has more FP64 compute than the 4080 for context.
I think if AMD was able to get a solid market share of datacenter GPUs, they wouldn't have unified. This feels like CDNA team couldn't justify its existence.
Besides, who would actually use them if they don’t support CUDA?
Everyone designs better GPUs than Intel - even Apple’s ARM GPUs have been outpacing Intel for a decade even before the M series.
But that's exactly what they started doing with Battlemage? It's competitive in its price range and was showing generational strides.
> Besides, who would actually use them if they don’t support CUDA?
ML is starting to trend away from CUDA towards Vulkan, even on Nvidia hardware, for practical reasons (e.g. performance overhead).
Though fair and free markets is not at all what the current regime in the US believes in, instead it will be consolidation, leading waste, and little innovation and progress.
https://www.asiafinancial.com/taiwan-says-tsmc-not-allowed-t...
That may have changed since then. But do you really want to depend on a foreign government for chip manufacturing?
1) This year, Intel, TSMC, and Samsung announced their latest factories' yields. Intel was the earliest, with 18A, while Samsung was the most recent. TSMC yieled above 60%, Intel below 60%, and Samsung around 50% (but Samsung's tech is basically a generation ahead and technically more precise), and Samsung could improve their yields the most due to the way set up the processes, where 70% is the target. Until last year, Samsung was in the second place, and with the idea that Intel caught up so fast and taking Samsung's position at least for this year, Nvidia bought Intel's stock since it's been getting cheaper since COVID.
2) It's just generally good to diversify into your competitors. Every company does this, especially when the price is cheap.
I was recently looking into 2nm myself, and based on wikipedia article on 2nm, TSMC 2nm is about 50% more dense than the samsung and intel equivalent. They aren’t remotely the same thing. Samsung 2nm and Intel 18A are about as dense as TSMC 3nm, that’s been in production for years.
Since "nm" is meaningless these days, the transistor count/mm2 is below.
As reference: TSMC 3nm is ~290 million transistors/mm2 (MTr/mm2).
https://news.ycombinator.com/item?id=27063034https://www.techradar.com/news/ibm-unveils-worlds-first-2nm-...
This definitely isn't a thing that every company does (or even close to every company).
https://www.intc.com/news-events/press-releases/detail/1750/...
What’s old is new again: back in 2017, Intel tried something similar with AMD (Kaby Lake-G). They paired a Kaby Lake CPU with a Vega GPU and HBM, but the product flopped: https://www.tomshardware.com/news/intel-discontinue-kaby-lak...
IMHO we will soon see more small/quiet PCs without a slot for a graphics card, relying on integrated graphics. nVidia has no place in that future. But now, by dropping $5B on Intel they can get into some of these SoCs and not become irrelevant.
The nice thing for Intel is that they might be able to claim graphics superiority in SoC land since they are currently lagging in CPU.
This was all for naught as AMD purchased ATi, shutting out all other chipsets and Intel did the same. Things actually looked pretty grim for Nvidia at this point in time. AMD was making moves that suggested APUs were the future and Intel started releasing platforms with very little PCIe connectivity, prompting Nvidia to build things like the Ion platform that could operate over an anemic pcie 1x link. There were really were the beginnings of strategic moves to lock Nvidia out of their own market.
Fortunately, Nvidia won a lawsuit against Intel that required them to have pcie 16x connectivity on their main platforms for 10 years or so and AMD put out non-competitive offerings in the CPU space such that the APU take off never happened. If Intel had actually developed their integrated GPUs or won that lawsuit or if AMD had actually executed Nvidia might well be an also-ran right around now.
To their credit, Nvidia really took advantage of their competitors inability to press their huge strategic advantage during that time. I think we're in a different landscape at the moment. Neither AMD nor Intel can afford boot Nvidia since consumers would likely abandon them for whoever could still slot in an Nvidia card. High performance graphics is the domain of add-in boards now and will be for awhile. Process node shrinks aren't as easy and cooling solutions are getting crazy.
But Nvidia has been shut out of the new handheld market and haven't been a good total package for consoles as SoC both rule the day in those spaces so I'm not super surprised at the desire for this pairing. But I did think nvidia had given up these ambitions was planning to try to build an adjacent ARM based platform as a potential escape hatch.
This feels like a 'brand new sentence' to me because I've never met an ALi chipset that I liked. Every one I ever used had some shitty quirk that made VIA or SiS somehow more palatable [0] [1].
> Intel started releasing platforms with very little PCIe connectivity,
This is also a semi-weird statement to me, in that it was nothing new; Intel already had an established history of chipsets like the i810, 845GV, 865GV, etc which all lacked AGP. [2]
[0] - Aladdin V with it's AGP Instabilities, MAGiK 1 with it's poor handling of more than 2 or 3 'rows' of DDR (i.e. two double-sided sticks of DDR turned it into a shitshow no matter what you did to timings. 3 usually was 'ok-ish' and 2 was stable.)
[1] - SIS 730 and 735 were great chipsets for the money and TBH the closest to the AMD760 for stability.
[2] - If I had a dollar for every time I got to break the news to someone that there was no real way to put a Geforce or 'Radon' [3] in their eMachine, I could have had a then-decent down payment for a car.
[3] - Although, in an odd sort of foreshadowing, most people who called it a 'Radon', would specifically call it an AMD Radon... and now here we are. Oddly prescient.
I remember a lot disappointed people on forums who couldn't upgrade their cheap PCs as well, but there were still motherboards available with AGP to slot into for Intel's best products. Intel couldn't just remove it from the landscape altogether (assuming they wanted to) because they weren't the only company making Intel supporting chipsets. IIRC Intel/AMD/Nvidia were not interested in making AGP+PCIe supporting chipsets at all, but VIA/ALi and maybe SiS made them instead because it was a free for all space still. Once that went away Nvidia couldn't control their own destiny.
I realize the AGX is more of a low power solution and it's possible that nvidia is still technically limited when building SOCs but this is just speculation.
Does anybody know actual ground truth reasoning why Nvidia is buying Intel despite the fact that nvidia can make their own SOCs?
Make no mistake - there is no reason to do this besides shortening the hardware lifespan with Box86. But it is possible, most certainly.
/me picturing Khaby Lame gesturing his hands at an obvious workaround.
Doesn't feel the same because the 1997 investment was arranged by Apple co-founder Steve Jobs. He had a long personal relationship with Bill Gates so could just call him to drop the outstanding lawsuits and get a commitment for future Office versions on the Mac. Basically, Steve Jobs at relatively young age of 42 was back at Apple in "founder mode" and made bold moves that the prior CEO Gil Amelio couldn't do.
Intel doesn't have the same type of leadership. Their new CEO is a career finance/investor instead of a "new products new innovation" type of leader. This $5 billion investment feels more like the result of back-channel discussions with the US government where they "politely" ask NVIDIA to help out Intel in exchange for less restrictions selling chips to China.
Stinks of Mussolini-style Corporatism to me.
It also happened under G. W. Bush with banks and auto manufacturers, but the worst offense was under Nixon with his nationalization of passenger rail.
At least with the bank and car manufacturer bailouts the government eventually sold off their stocks, and with the Intel investment the government has non-voting shares, but the government completely controls the National Railroad Passenger Corporation, (the NRPC aka Amtrak) with the board members being appointed by the president of the United States.
We lost 20 independent railroads overnight, and created a conglomerate that can barely function.
If you fiddle and concentrate only on the top performers, the bottom falls out. Most of the US economy is still in small companies.
[0] https://en.wikipedia.org/wiki/Corporatism#Neo-corporatism
[1] https://en.wikipedia.org/wiki/Corporatism#Fascist_corporatis...
Let's assume Trump admin pressured Nvidia to invest in intel.
Chips act (voted by Democrats / Biden) gave Intel up to $7.8 billion of YOUR money (taxes) in form of direct grants.
Was it more of "Mussolini-style corporatism" to you or not?
It isn't the "method of communication". It's legislation vs. coercion (in the speculative scenario from the parent comment).
https://www.ft.com/content/12adf92d-3e34-428a-8d61-c91695119...
- a bigger R&D budget for their main competitor in the GPU market
- since Nvidia doesn't have their own CPUs, they risk becoming more dependent on their main competitor for total system performance.
This is why they built the Grace CPU - noting that they're using Arm's Neoverse V2 cores rather than their own design.
https://www.nvidia.com/en-us/data-center/grace-cpu/
Had Apple failed, Microsoft would probably have been found to have a clear monopolistic position. And microsoft was already in hot waters due to InternetExplorer IIRC.
Apples demise wouldve nailed the case.
> Nvidia will also have Intel build custom x86 data center CPUs for its AI products for hyperscale and enterprise customers.
Hell has frozen over at Intel. Actually listening to people that want to buy your stuff, whatever next? Presumably someone over there doesn't want the AI wave to turn into a repeat of their famous success with mobile.
In the event Intel ever do get US based fabrication semi competitive again (and the national security motivation for doing so is intense) nVidia will likely have to be a major customer, so this does make sense. I remain doubtful that Intel can pull it off, and it will have to come from someone else.
They turned down Acorn about the 286, which led to Acorn creating the Arm, they have turned down various console makers, they turned down Apple on the iPhone, and so on. In all cases they thought the opportunities were beneath them.
Intel has always been too much about what they want to sell you, not what you need. That worked for them when the two aligned over backwards compat.
Clearly the threat of an Arm or RISC-V finding itself fused to a GPU running AI inference workloads has woken someone up, at last.
It leads to mistakes like you mention, where a new market segment or new entrant is not a sure thing. And then it leads to mistakes like Larrabee and Optane where they talk themselves into overconfidence (“obviously this is a great product, we wouldn’t be doing it if it wasn’t guaranteed to make $1B in the first year”).
It is very hard to grow a business with zero risk appetite. You can’t take risky high return bets, and you can’t acknowledge the real risk in “safe” bets.
Sounds like they will someday soon.
There will always be giant, faraway GPU supercomputer clusters to train models. But the future of inference (where the model fits) is local to the CPU.
2010-2011 was also the time that AMD were starting to moan a bit about DX11 and the higher level APIs not being sufficient to get the most out of GPUs, which led to Mantle/Vulkan/DX12 a few years down the road. Intel did a bit regarding massively parallel software rendering, with the flexibility to run on anything x86 and implement features as you liked, or AMD's efforts for 'fusion' (APU+GPU, after recently acquiring ATi) or HSA which I seem to recall was about dispatching different types of computing to the best suited processor(s) in the system for it. However I got the impression a lot of development effort is more interested in progressing on what they already have instead of starting in a new direction, and game studios want to ship finished and stable/predictable product, which is where support from intel would have helped.
But certainly Intel wasn’t willing to wait for the market. Didn’t make $1 billion instantly; killed.
It's typical corporate venturing and reporting to a CFO. Google is not much better with them cutting their small(er) projects.
This relates to the Intel problem because they see the world the way you just described, and completely failed to grasp the importance of SoC development where you are suddenly free to consider the world without the preexisting buses and peripherals of the PC universe and to imagine something better. CPU cores are a means to an end, and represent an ever shrinking part of modern systems.
The problem is, console manufacturers know precisely how much of their product they anticipate to sell, and it's usually a lot. The PlayStation 5 is 80 million units so far.
And at that scale, the console manufacturers want to squeeze every vendor as hard as they can... and Intel didn't see the need to engage in a bidding war with AMD that would have given them a sizable revenue but very little profit margin compared to selling Xeon CPUs to hyperscalers where Intel has much more leverage to command higher prices and thus higher margins.
> they turned down Apple on the iPhone
Intel just was (and frankly, still is) unable to compete on the power envelope with ARM, that's why you never saw x86 take off on Android as well despite quite a few attempts at it.
Apple only chose to go for Intel with its MacBook line as PowerPC was practically dead and offered no way to extract more performance, and they dropped Intel as soon as their own CPUs were competitive. To get Intel CPUs to the same level of power efficiency that M-series CPUs have would require a full rework of the entire CPU infrastructure and external stack, that would require money that even Intel at its best frankly did not have. And getting x86 to be power effective enough for a phone? Just forget it.
> Clearly the threat of an Arm or RISC-V finding itself fused to a GPU running AI inference workloads has woken someone up, at last.
Actually, that is surprising for me as well. NVIDIA's Tegra should easily be powerful enough to run the OS for training or inference workload. If I were to guess, NVIDIA wants to avoid getting caught too hard on the "selling AI shovels" train.
And so that gave AMD an opening, and with that opening they got to experiment with designs, tailor a product, get experience and industrial marketshare, and they were able to continue to offer more and better products. Intel didn't just miss a mediocre business opportunity, they missed out on becoming a trusted partner for multiple generations, and they handed market to AMD that AMD used to be a better market competitor.
AMD isn't precisely a market competitor. The server and business compute market is still firmly Intel and there isn't much evidence of that changing unless Apple drops M series SoCs to the wide open market which Apple won't do. Intel could probably release a raging dumpster fire and still go strong, oh wait, that's what they've been doing the last few years.
AMD is only a competitor in the lower end of the market, a market Intel has zero issue handing to AMD outright - partially because a viable AMD keeps the antitrust enforcers from breathing down their neck, but more because it drags down per-unit profit margins to engage in consoles and the lower rungs and niches.
This is not true anymore, as it IS changing, and very rapidly. AMD has shot up to 27.3% of the server market share, which they haven't had since the Opteron days 20 years ago. Five years ago their server market share was very small single digits. They're half of desktops, too. https://www.pcguide.com/news/no-amd-and-intel-arent-50-50-in...
They did push hard on their UMPC x86 SoCs (Paulsbo and derivatives) to Sony, Nokia, etc. These were never competitive on heat or battery life.
80 million in 5 years is a nothing burger as far as volume.
NVDA sold 153 million Tegra units to Nintendo in 8 years, so 1.5M units a month. That's just as comparable.
[1] https://www.servethehome.com/on-ice-lake-intel-xeon-volumes-...
This is very likely the new culture that LBT is bringing in. This can only be good.
I agree that Intel would be better served to spin off its fab division, a potential buyer could be the US government for military and national security relevant projects.
They just need to separate business units.
Maybe this changed with the AI race but there are plenty of people buying older chips by the millions for all sorts of products.
It's pretty clear AMD and Nvidia are gatekeeping memory so they can iterate over time and protect their datacenter cards.
Intel had a prime opportunity to blow this up.
But also, does this amount of ownership even give them the ability to kill anything on Intel's roadmap without broad shareholder consensus (not that that's even how roadmaps are handled anyway)?
https://www.intc.com/news-events/press-releases/detail/1748/...
If Nvidia did try to exert any pressure to scrap ARC, that would be both a huge financial and geopolitical scandal. It's in the best interest of the US to not only support Intel's local manufacturing, but also it's GPU tech.
But with the state of the courts today... who knows..
Intel was well on its way to be a considerable threat to NVIDIA with their Arc line of GPUs, which are getting better and cheaper with each generation. Perhaps not in the enterprise and AI markets yet, but certainly on the consumer side.
This news muddies this approach, and I see it as a misstep for both Intel and for consumers. Intel is only helping NVIDIA, which puts them further away from unseating them than they were before.
Competition is always a net positive for consumers, while mergers are always a net negative. This news will only benefit shareholders of both companies, and Intel shareholders only in the short-term. In the long-term, it's making NVIDIA more powerful.
Intel's foundry costs are probably competitive with nvidia too - nvidia has too much opportunity cost if nothing else.
While it doesn't quite compete at performance and power consumption, it does at price/performance and overall value. It is a $250 card, compared to the $300 of the 4060 at launch. You can still get it at that price, if there's stock, while the 4060 hovers around $400 now. It's also a 12GB card vs the 8GB of the 4060.
So, sure, this is not competitive at the high-end segment, but it's remarkable what they've accomplished in just a few years, compared to the decades that AMD and NVIDIA have on them. It's definitely not far fetched to assume that the gap would only continue to close.
Besides, Intel is not only competing at GPUs, but APUs, and CPUs. Their APU products are more performant and efficient than AMD's (e.g. 140V vs 890M).
I think this partnership will damage nvidia. It might damage intel, but given they're circling the drain already, it's hard to make matters worse.
It's probably bad for consumers in every dimension.
Or to take the opposite, if nvidia rolled over intel and fired essentially everyone in the management chain and started trying to run the fabs themselves, good chance they'd turn the ship around and become even more powerful than they already are.
How was Intel "circling the drain"?
They have a very competitive offering of CPUs, APUs, and GPUs, and the upcoming Panther Lake and Nova Lake architectures are very promising. Their products compete with AMD, NVIDIA, and ARM SoCs from the likes of Apple.
Intel may have been in a rut years ago, but they've recovered incredibly well.
This is why I'm puzzled by this decision, and as a consumer, I would rather use a fully Intel system than some bastardized version that also involves NVIDIA. We've seen how well that works with Optimus.
Also their network cards no longer work properly which is deeply aggravating as that used to be something I could rely on, just bought some realtek ones to work around the intel ones falling over.
We must live in different universes, then.
Intel's 140V competes with and often outperforms AMD's 890M, at around half the power consumption.[1]
Intel's B580 competes with AMD's RX 7600 and NVIDIA's RTX 4060, at a fraction of the price of the 4060.[2]
They're not doing so well with desktop and laptop CPUs, although their Lunar Lake and Arrow Lake CPUs are still decent performers within their segments. The upcoming Panther Lake architecture is promising to improve this.
If these are not the signs of competitive products, and that they're far from "circling the drain", then I don't know what is.
FWIW, I'm not familiar with the health of their business, and what it takes to produce these products. But from a consumer's standpoint, Intel hasn't been this strong since... the early 00s?
[1]: https://www.notebookcheck.net/Radeon-890M-vs-Arc-140V_12524_...
[2]: https://www.notebookcheck.net/Intel-Arc-B580-Benchmarks-and-...
Some would say that's circling the drain.
Intel isn’t at that point, but the companies trajectory isn’t looking good. I’d happily sacrifice ARC to keep a duopoly in CPU’s.
Consumers still have AMD as an alternative for very decent and price attractive GPUs (and CPUs).
AMD has always followed closely NVIDIA in crippling their cheap GPUs for any other applications.
After many years of continuously decreasing performance of the "consumer" GPUs, only Intel has offered in the Battlemage GPUs FP64 performance comparable with what could be easily obtained 10 years ago, but no longer today.
Therefore, if the Intel GPUs disappear, then the choices in GPUs will certainly become much more restricted than today. AMD has almost never attempted to compete with NVIDIA in features, but whenever NVIDIA dropped some feature, so did AMD.
They will be dominating AMD now on both fronts if things go smoothly for them.
In a top-down oligarchy, their best interests are served by focusing on the desires of the great leader, in contrast to a competitive bottom-up market economy, where they would focus on the desires of customers and shareholders.
5 Billion is just a start but this is a gift for nVidia to eventually squire intel.
Intel has never been so cheap relative to the kinds of IP assets that Nvidia values and probably will not be ever again if this and other investments keep it afloat.
Trump's FTC would not block.
You write with proper case-sensitivity for their titles which suggests some historic knowledge of the two. They have been very close partners on CPU+GPU for decades. This investment is not fundamentally changing that.
The current CEO is more like a CFO--cutting costs and eliminating waste. There are two exits from that: sell off, as you say, and re-investment in the products of most likely future profit. This could be a signal that the latter is the plan and that the competitive aspects of the nVidia-intel partnership will be sidelined for a while.
Erm, a rather important point to bury down the story. The fiest question on anyone’s lips will be is this $5bn to build new chip technology, or $5bn for employees to spend on yachts?
> Intel stock experienced dilution because the U.S. government converted CHIPS Act grants into an equity stake, acquiring a significant ownership percentage at a discounted price, which increased the total number of outstanding shares and reduced existing shareholders' ownership percentage, according to The Motley Fool and Investing.com. This led to roughly 11% dilution for existing shareholders
To get money from the outside, you either have to take on debt or you have to give someone a share in the business. In this case, the board of directors concluded the latter is better. I don't understand why you think it is gross.
Intel is up 30% pre market on this news so I think the existing shareholders will be fine.
Looks like using GPU IP to take over other brands' product lines is now officially an nVidia strategy.
I guess the obvious worry here is whether Intel will continue development of their own dGPUs, which have a lovely open driver stack.
So long as the AI craze is hanging in there it feels like having that expertise and IP is going to have high potential upside.
Would be foolish to throw that away now that they're finally getting closer to "a product someone may want to buy" with things like B50 and B60.
They wanted to launch DGX Spark early summer and it's nowhere to be seen, while strix halo is shipping in over 30+ SKUs from all major manufacturers.
Not all deals are made in cash, they can borrow money against their market share.
But yeah, it's probably easier to just use cash on hand.
Probably government-mandated.
[0]: <https://www.fudzilla.com/6882-nvidia-continues-comic-campaig...>
That action may cease to exist soon, especially after Vance is POTUS and the courts stacked with Peter Thiel loyalists that back his vision of anti-competition. Bet on it.
However I do imagine Intel GPUs, that were never great to start with, might be doomed, long term.
Also another possibility would be, there goes One API, which I doubt many people would care about, given how many rebrands SYSCL already went through.
I mean that also applies to Intel and Nvidia. Intel does make GPUs but their market impact is basically zero.
AMD's actual commitment to open innovation over the past ~20 years has been game changing in a lot of segments. It is the aspect of AMD that makes it so much more appealing than intel from a hacker/consumer perspective.
I wonder what this means for the ARC line of GPUs?
This time around Nvidia should HOLDL the stock
Why/how is INTC premarket up from $24.90 around 30% (to $32), when Nvidia is buying the stock at $23.28 ? Who is selling the stock?
I suppose the Intel board decided this? Why did they sell under the current market price? Didn't the Intel board have fiduciary duty to get as good a price from Nvidia as possible? If Nvidia buying stock moves it up so much, it seems like a bad deal to sell the stock for so little.
The reason the stock surged up past $30 is the general market's reaction to the news, and subsequent buying pressure, not the stock transaction itself. It seems likely that once the exuberance cools down, the SP will pull back, where to I can't say. Somewhere between $25 and $30 would be my bet, but this is not financial advice, I'm just spitballing here.
I don't like the idea of using Intel given their lack of disclosure for Spectre/Meltdown and some of their practices (towards AMD)
Seems to be an easy bet, if for no other reason than to make the US Government (Trump) happy. Trump gets to tout his +30% return on investment.
Also, since this Intel deal makes no sense for NVIDIA, a good observer would notice that lately, he seems to spend more time on Air Force One than with NVIDIA teams. The leak of any evidence, showing this was an investment ordered by the White House, will make his company hostage of future demands from the current corrupt administration. The timing is already incredibly suspicions.
We will know for sure he become a hostage, if the next NVIDIA investment is on World Liberty Financial.
"Anatomy of Two Giant Deals: The U.A.E. Got Chips. The Trump Team Got Crypto Riches." - https://www.nytimes.com/2025/09/15/us/politics/trump-uae-chi...
But as a consumer, I hate this. Intel APUs have become quite good and are great for Linux users. I don't want Nvidia's bullshit infecting them. Jenson wants to be the Apple of chips and we'll all be worse off if Nvidia SoCs become ubiquitous.
Ofc I would kind of hope/expect antitrust to object given that Intel makes both GPUs and CPUs, and Nvidia is/has dipped their toes into CPU production as well.
Intel still has to go through a lot of reorg (i.e. massive cuts) to get to a happy place, and this is what their succession of CEOs have been procrastinating over.
One wonders just how bad things must have been internally for that to be the state of one of their core IPs in this day and age...
USA, where the federal government is picking winners and losers by making risky stock bets with public money.
This needlessly divisive and devoid of any factual basis. No gulags will exist and you know it.
What about "Alligator Alcatraz", that has been called "concentration camp" [1] (so comparable with a gulag), or where the Korean detainees from the raid on the Hyundai/LG plant ended up, alleging utterly horrible conditions [2]? And there's bound to be more places like the latter, that was most likely just the tip of the iceberg and we only know about the conditions there because the South Korean government raised a huge stink and got the workers out of there.
Okay, Alcatraz 2.0 did get suspended in August to my knowledge, but that's only temporary. It's bound to get the legal issues cleaned up and then be re-opened - or the case makes its way through to the Supreme Court with the same result to be expected.
[1] https://newrepublic.com/article/197508/alligator-alcatraz-tr...
[2] https://www.bbc.com/news/articles/c07v1j98ydvo
Any denial of due process to any person is a gross violation of our most important right. Without the guarantee of due process to everyone, no one has any rights because those in power can violate rights at a whim.
ICE doesn't reliably make any distinction, not since they hired thugs off of the streets and issued arrest quotas. Doesn't matter if the arrested have to be released later on.
Did we make $500 Million off this?
Do we own 10% of Nvidia too? Or is that coming soon?
Hard to keep up with the now acceptable socialism
As customer they get better access to Intel Foundry and can offload some capacity from TSMC.
As I understand it the government's shares are non-voting.
Intel has a market cap just 2.5% of NVDA, so you could give away just 2.5% of your stock to buy the entirety of Intel. It's bonkers.
There have been a lot of mergers where that has not happened.
It looks like a good deal either way and in any amount. But of course I am no expert.
This all ignores the near complete lack of product out of their advanced processes as well.
:-)
They basically baked in a massive investment profit into the deal. When you factor in the stock jump since this announcement, Nvidia has already made billions.