Intel (NASDAQ: INTC) just had one of its best days in years, with its stock price surging after Nvidia (NASDAQ: NVDA) revealed it would take a $5 billion stake in the chipmaker and partner on new products. The stock price is now up about 50% on the year.
While the market loved the deal, it is worth taking a closer look at what this deal really means for Intel and whether this is a true turning point or just a short-term jolt.
Image source: Getty Images.
