It certainly has interesting implications. How will this impact Intel ARC? What does this mean for the Nvidia Mediatek ARM chips?
This is certainly good news for Intel, as Intel needs to keep the laptop market and strong graphics and AI would give AMD an advantage with products like Strix Halo. Intel+Nvidia is a hard counter to AMD's APU products.
An Intel CPU with Nvidia graphics and a lot of RAM would be very interesting from a desktop/laptop AI perspective. AMD's Strix Halo has a lot of interest for this very reason, like for the Framework desktop.