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Nvidia-Intel deal cleared by US antitrust agencies

Nvidia-Intel deal cleared by US antitrust agencies

Technology

Nvidia-Intel deal cleared by US antitrust agencies

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(Reuters) - US antitrust agencies have cleared Nvidia's investment in Intel according to a notice posted by the US Federal Trade Commission.

While the notice did not specify the details of the transaction, Nvidia said in September it would invest $5 billion in Intel, throwing its heft behind the struggling US chipmaker in a deal that could pose risks for rival manufacturers, Taiwan's TSMC and US-based AMD.