Nvidia-Intel deal cleared by US antitrust agencies
Technology
Nvidia-Intel deal cleared by US antitrust agencies
(Reuters) - US antitrust agencies have cleared Nvidia's investment in Intel according to a notice posted by the US Federal Trade Commission.
While the notice did not specify the details of the transaction, Nvidia said in September it would invest $5 billion in Intel, throwing its heft behind the struggling US chipmaker in a deal that could pose risks for rival manufacturers, Taiwan's TSMC and US-based AMD.