Intel to Invest $100 Million in Samsung

Intel Corp., the largest computer-chip maker, agreed to invest $100 million in Samsung Electronics Co. to ensure the development of technologies to speed personal computer performance. Intel will buy bonds convertible into about 1% of Samsung’s shares. South Korea’s Samsung, the world’s largest maker of memory chips, will use proceeds to build an assembly and test line for a new type of computer memory technology, known as RDRAM. Shares of Santa Clara-based Intel fell $4.75 to close at $133.50 on Nasdaq. Intel already buys Samsung computer chips.