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Nvidia to Make Server Processor, Targets Intel Profit Center Bloomberg 3 days ago Ian King (Bloomberg) Nvidia Corp. unveiled its first server microprocessors, extending a push into Intel Corp.’s most lucrative market with a chip aimed at handling the most complicated computing work. Intel shares fell about 4% and Nvidia jumped on the news. Nvidia’s stock rallied further, to a gain of about 6%, after the company said first-quarter revenue “is tracking” above its previous forecast. The graphics chipmaker has designed a central processing unit, or CPU, based on technology from Arm Ltd., a company it’s trying to acquire from Japan’s SoftBank Group Corp. The Swiss National Supercomputing Centre and U.S. Department of Energy’s Los Alamos National Laboratory will be the first to use the chips in their computers, Nvidia said Monday at an online event.

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