© Reuters. The Intel logo is displayed on computer screens at SIGGRAPH 2017© Reuters. The Intel logo is displayed on computer screens at SIGGRAPH 2017

(Reuters) – Bitter rivals Advanced Micro Devices (NASDAQ:AMD) Inc and Intel Corp (NASDAQ:INTC) on Monday unveiled a partnership that will help the chipmakers take on Nvidia Corp.

Under the partnership, AMD’s semi-custom graphics chip will be integrated into Intel’s new multi-chip processor package for personal computing.

AMD’s shares were up 6.5 percent at $11.84 in early trading. Intel was up 1 percent, while Nvidia was down 0.5 percent.

Designed by Intel, the new product will integrate an Intel core processor together with a semi-custom radeon graphic chip and second-generation high bandwidth memory (HBM2) into one package, AMD said in a statement.

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