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Analyst: Nvidia's stake is a turning point for Intel's development.
Jin10 data reported on September 19, Benchmark analyst Cody Acree stated that Nvidia's “endorsement” of Intel this week is a “turning point” for Intel's development; he has upgraded Intel's stock rating from “hold” to “buy.” Acree pointed out that Intel is continuously losing market share to competitors such as AMD, thus confidence in its x86 architecture product roadmap is “extremely critical.” This time, Nvidia not only injected $5 billion into Intel, but the two sides will also collaborate—this is likely to enhance Intel's competitiveness in the data center server slot market and help it secure more data center-related business orders. Acree also expects Intel to receive additional investments from other companies, as Nvidia's investment is reportedly the “final result after months of negotiations.”