U.S. antitrust agencies approved Nvidia’s $5 billion investment in Intel. The Federal Trade Commission (FTC) issued a notice confirming the regulatory clearance.
The deal, originally announced in September, represents a significant strategic move designed to bolster the U.S. chipmaker. This approval removes major uncertainty, allowing the companies to proceed with the strategic alliance.
The investment strengthens collaboration between the two chip giants. This partnership presents new competitive challenges for rivals, specifically naming TSMC and AMD.