James Delahunty
11 Jan 2011 3:09
It has been revealed that Intel will pay Nvidia Corp. $1.5 billion to license its technology, settling a dispute among the pair.
The deal gives Intel the right to use Nvidia technology in its new chips as graphics performance becomes more and more important. Nvidia will be able to use some of Intel's technology (but not related to the x86 architecture).
Nvidia recently announced that it plans to produce processors for personal computers, which will use technology from ARM Holdings. The company is trying to drag the low-energy chips into the PC space from their stronghold in the market for smartphones and tablets.
The company does not plan to produce x86 chips. "Those are not our core businesses nor do we have the intention or strategy to go develop those things," Nvidia chief executive Jen-Hsun Huang, told analysts.
Nvidia has been touting the possible benefits of utilizing its powerful parallel processors used in its graphics chips for important intensive tasks such as medical imaging, or weather forecasting.