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

Today, Nvidia CEO Jensen Huang and Intel CEO Lip-Bu Tan held a joint webcast to explain just why the world’s most valuable company (Nvidia’s at $4.28 trillion) is throwing a $5 billion lifeline to a struggling competitor. Nvidia quickly shut down several possible explanations. Huang claimed it had nothing to do with Trump, who famouslyThe VergeRead More