The U.S. Federal Trade Commission (FTC) has cleared Nvidia’s $5 billion investment in Intel (NASDAQ:INTC), a significant move that could reshape the semiconductor landscape.
The approval comes amid concerns that the deal could alter competition dynamics, particularly impacting rivals such as Taiwan’s TSMC and U.S.-based AMD.
Though the FTC notice did not provide specific details on the transaction, Nvidia announced in September its plans to invest $5 billion in Intel, aiming to support the struggling U.S. chipmaker.
This partnership is seen as a boost for Intel, which has faced increased challenges from both established and emerging chip manufacturers.
The deal is expected to strengthen Nvidia's position in the semiconductor space, potentially influencing future competition dynamics and development in the industry.