Intel says it will gain access to Nvidia's patents while paying the graphics chip supplier $1.5 billion in licensing fees as part of a new six-year agreement.
Nvidia CEO Jen-Hsun Huang reiterated today that ARM processors are the future. For the future use of Nvidia's technology, Intel will pay Nvidia an aggregate of $1.5 billion in licensing fees payable in five annual installments, beginning Jan. 18, 2011," Nvidia said.