➀ Nvidia invests $5 billion in Intel to co-develop x86 server CPUs and client SoCs, marking a strategic shift for both companies;
➀ The deal provides Intel with immediate financial relief but faces skepticism about its ability to revive the struggling chipmaker amid persistent cash burn and delayed 18A node development;
➂ Geopolitical factors, including U.S. government equity stakes and SoftBank's involvement, underscore the deal's alignment with America-First industrial policies and semiconductor supply chain security.