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Nuvia used this deck to raise $240 million to challenge Intel and AMD - Business Insider

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Here's the pitch deck chip design startup Nuvia, led by an Apple veteran, used to raise $240 million as it navigates the industry shockwaves of the Nvidia/Arm merger

Nuvia is coming up with new designs for more powerful semiconductors geared to cloud data centers and data-intensive AI technologies.

“With Intel struggling, AMD trying to steal their market share, those guys are just gonna fight head-to-head. It’s a beautiful picture playing out," Williams told Business Insider. "If you can come to the table with a substantial performance advantage...it’ll be huge.”Visit Business Insider's homepage for more storiesChip startups were once seen as risky investments. But the rapid growth of the cloud and the rise of AI changed that.

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