U.S. antitrust agencies have cleared Nvidia’s proposed $5 billion investment in rival chipmaker Intel. The Federal Trade Commission (FTC) issued the formal notice.
The strategic move, first announced in September, alters competitive dynamics with major players like TSMC and AMD. The investment from the AI chip leader is expected to bolster Intel's market position.
Separately, the U.S. government initiated a formal multi-agency review regarding the sale of Nvidia’s H200 AI chips to China. This review could permit the sales.
The review signals a potential reopening of a lucrative market. Nvidia’s stock reacted positively, jumping 3% in morning trading on December 19th.