Great and positive news indeed! This is a significant strategic shift for both companies, but especially for Intel. It gives Intel a much needed boost in capital and credibility, and puts it back into conversations about AI infrastructure. For Nvidia, it’s more about strategy and long-term positioning, rather than immediate revenue boost (though there may also be financial upside from the equity stake and from products that result).

If the execution goes well, investors could benefit substantially. But there are execution risks, and much depends on how quickly and well the joint products come to market, how Intel handles manufacturing/packaging challenges, and how competition and regulation respond.