Nvidia (NVDA.O) announced on Thursday that it will invest $5 billion in Intel (INTC.O) to support the struggling American chip foundry company, but did not grant Intel key chip manufacturing orders. The agreement also includes plans for Intel and Nvidia to jointly develop personal computer and data center chips, which could pose a potential risk to TSMC (TSM.N).

Currently, TSMC is responsible for producing Nvidia's flagship processors; as the world's most valuable company, Nvidia may potentially transfer this part of the business to Intel in the future. And AMD, which competes with Intel in the data center chip supply field, may also suffer losses due to Nvidia's support for Intel.