TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is watching Intel's (INTC - Get Report) merger with Mobileye, which closed Tuesday, through the lens of chipmaker Nvidia (NVDA - Get Report) . 

Recent media reports suggested Apple (AAPL - Get Report) may use Intel technology in its 4G Watch, amid its legal spat with Qualcomm (QCOM - Get Report) .

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