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Nvidia snatches Mellanox from Intel, targets continued AI leadership

From the outside the $6.9 billion cash deal announced this week, whereby Nvidia will acquire Mellanox, it looks like Intel, Xilinx and Microsoft were all chasing ownership of the data center interconnect business, so it called up its big brother over at Nvidia, who said, “Don’t worry, we’ll look after you,” and trumped all the other bids with all the cash it had in its locker. The deal was ushered through mega-fast, with both boards approving a deal by Monday, that was just a rumor on Sunday. The deal will use up all but $500 million of the cash which Nvidia has in its bank, but already it is talking about a unified data center architecture, with processing power coming…

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