How you buy GPUs is like buying cocaine.

You call up a couple people, you text a couple of people, you ask, you know, how much you got, what's the price? If you're two arch nemesis suddenly team up, and it's the worst possible news you can have. I did not see this coming. I think it's an amazing development. Like a Warren Buffett coming into a stock. Jensen is like the Buffett effect for the semiconductor world. It's kind of poetic that everything's gone full circle and Intel sort of crawling to

Nvidia.

Today, we're talking about one of the biggest surprises in semiconductors in years.

Invidia just put $5 billion into Intel.

Two long-term rivals now teaming up on custom data centers and PC products,

a deal nobody saw coming.

For Nvidia, it's the Buffett effect.

For Intel, it's a lifeline.

And for AMD, ARM, and the global chip race, the fallout could be massive.

To break it all down, I'm joined by Dylan Patel, chief analyst at semi-analysis, Sarah Wang, general partner at A16Z, and Guido Appenzeller, partner at A16Z and former CTO of Intel's Data Center and AI Business Unit. Let's get into it.

Dylan, welcome back to the podcast. Thanks for having me, yeah.

It just so happens that there's some big news just as we're having you,

Nvidia announcing $5 billion investment in Intel and them teaming up to jointly develop

custom data centers and busy products.

What do you think about the collaboration?

I think it's hilarious that like, Nvidia could invest, it gets announced, and their investments already up 30%.

$5 billion investment, $2 billion profit already, right?

I think it's fun because they need their customers to really have big buy-in.

So when their potential customers buy in and commit to certain types of products,

it makes a lot of sense, right? And it's kind of funny in a way because in the past,

there was this whole thing around how Intel was sued for being anti-competitive with their

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