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Nvidia Takes on Intel; $54 Billion Oil Deal

Bloomberg Daybreak: Asia Edition

00:00

NVIDIA's Challenge to Intel and Chevron's Acquisition of Hesse

In this chapter, the hosts discuss NVIDIA's use of arm holdings technology to develop chips that would rival Intel's processors, intensifying competition between the two semiconductor giants. They also cover the stock movements of NVIDIA, Intel, and arm holdings, and highlight Chevron's acquisition of Hesse in a $53 billion stock deal, granting Chevron significant ownership of recoverable resources in Guyana and Hesse's Bakken assets in North Dakota, with insights from Chevron's CEO on the importance of these shale oil assets.

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