Nvidia Corp is apparently interested in joining hands with Intel Corp or the production of its chipsets. The news arrives from the former’s Chief Executive Officer Jensen Huang, who made that statement on a call with reporters earlier this week.
According to a Reuters report, Huang said that “They’re interested in us using their foundries. We’re very interested in exploring it.” Although, the senior official also said that the foundry discussions would take a long time since they would have to integrate their supply chains. Back in early 2021, Team Blue had stated that it will be expanding its business into chipmaking, rather than its primary chip designing business. In other words, it would be growing its plans for a foundry business.
Since then, the company has also announced several multi billion dollar projects to setup new manufacturing centers in the United States and even Europe. Notably, Intel’s shares also saw a rise of 2.5 percent following Huang’s comments. Recently, Intel CEO Pat Gelsinger told Reuters that it will be “thrilled for their interest in using our foundry capabilities.” However, he also added that there is currently “no particular timeline.”
But Gelsinger did confirm that the company is in talks with Nvidia. As per Bernstein analyst Stacy Rasgon, “I’m sure he’s interested in having more options … and it doesn’t cost him anything to say that. But it doesn’t tell you anything at all about what it’s actually going to look like when they get there.” At the moment, a majority of Nvidia’s chip production is done by the world’s largest contract chipmaker, TSMC. Interestingly, when asked about concerns for sharing company secrets with Intel, Huang said that he trusted the brand and added that “Intel has known our secrets for years.”
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