• Nvidia plans to make its own server central processor, called Grace, based on ARM technology.
  • Nvidia is best known for graphics processors and chips for artificial intelligence, not the CPUs that power the heart of servers.
  • The new processor is its first data center CPU, challenging Intel in a market which it dominates with over 90% market share.

Intel stock dropped as much as 4% on news that Nvidia plans to make its own server CPU based on ARM technology. Nvidia stock was up over 2% in trading on Monday.

Nvidia is best known for graphics processors and chips for artificial intelligence, not the CPUs that power the heart of computers.

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