HomeBussinessRichard Curran: Intel struggles to keep up with white-hot rival Nvidia when...

Richard Curran: Intel struggles to keep up with white-hot rival Nvidia when it comes to chips for the AI age ?

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Nvidia’s stock market value has broken $3trn, bringing the value of the stake held by co-founder Jensen Huang to $105bn

Nvidia CEO Jensen Huang throwing out the ceremonial first pitch at Taipei Dome on June 1 in Taipei. Photo: Gene Wang/Getty Images

It has been a week of two chip makers – Nvidia and Intel. One overtook Apple as the second-most valuable stock market company in the world. The other agreed to sell a 49pc stake in its new Fab 34 plant in Leixlip to a private equity firm.

Nvidia’s stock market value broke $3,000bn (€2,757bn), bringing the value of the stake held by co-founder Taiwanese-born Jensen Huang to $105bn. That is a rise of $64bn since January.

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