In the past, Nvidia was the GPU dwarf next to CPU giant Intel, now it’s the other way around: AI chip giant Nvidia and struggling chip manufacturer Intel have just announced a far-reaching cooperation for the joint development of AI infrastructure and PC products. As part of the agreement, Nvidia is acquiring $5 billion worth of Intel shares at a price of $23.28 per share. Intel’s stock rose sharply in pre-market trading on Thursday, surging by a hefty 29%. With a market capitalization of $4.1