Intel + NVIDIA = Chip Avengers?Intel CorporationBATS:INTCstakkdThis move from NVIDIA is giving me major déjà vu. It reminds me of 1997, when Apple shocked the world by teaming up with their “enemy,” Microsoft. Back then, Apple fans literally booed when Steve Jobs announced the deal on stage. Jobs had to calm everyone down and say, “We have to let go of this notion that for Apple to win, Microsoft has to lose.” That $150M investment from Microsoft kept Apple alive long enough to reinvent itself, iMacs, iPods, iPhones the rest is history. Microsoft got what it wanted too: a healthy second platform to run Office and keep regulators happy. Two rivals, both winning. Fast forward to now, NVIDIA investing in Intel feels just as weird at first glance, but strategically it’s brilliant. Intel has fabs all over the world. NVIDIA, for all its dominance in GPUs, still relies heavily on third-party fabs like TSMC. This stake is about more than money it’s about NVIDIA securing extra manufacturing capacity and reducing supply chain risk. For Intel, this is huge. It puts them back in the conversation as a critical player in the AI arms race, not just a company that’s “fallen behind.” Investors now have a reason to see Intel as part of the solution, not part of the past. Technically, the chart agrees. We’ve broken out of a multi-month range on massive volume, reclaimed VWAP, and opened up a clear path toward $33–34 (Target 1) and $36–38 (Target 2) over the next couple of quarters. A retest of $28 would be a gift for dip buyers as long as $26 holds, this breakout remains intact. Bottom line: two rivals teaming up isn’t a sign of weakness, it’s a sign of strategic brilliance. Just like 1997, this could mark the start of Intel’s reinvention story.