Could Intel Be the Comeback Story of the Decade After Nvidia's Multibillion-Dollar Endorsement?

At first glance, the deal Intel (NASDAQ: INTC) just struck with Nvidia (NASDAQ: NVDA) looks kind of ordinary. Intel will include Nvidia's proprietary technology in custom chips for data center and PC processors. In return for this tech adoption and manufacturing service, Nvidia is investing $5 billion in Intel stock at $23.28 per share.So Intel gets a firm chip-building client and $5 billion of extra cash, while Nvidia enters new target markets with Intel's custom chips. Just another day at the races, right?But there's more to this seemingly simple agreement than meets the eye. This Nvidia relationship could spell the start of a game-changing turnaround for Intel. And it's not really about Nvidia's money.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool