Nvidia’s (NVDA) Investment in Intel Supports Its 2026 Bull Thesis
Yahoo Finance·2026-01-07 11:10

NVIDIA Corporation (NASDAQ:NVDA)  is one of the 8 best American stocks to buy and hold in 2026. According to a Form 8-K filing with the U.S. Securities and Exchange Commission, the company completed its purchase of $5 billion in shares from Intel on December 29. Under the deal, Intel sold 214,776,632 shares of its common stock to Nvidia at $23.28 per share, generating a total of $5 billion in cash. Following the announcement, NVDA shares dropped in premarket trading on December 29. This deal is viewed as ...

Nvidia’s (NVDA) Investment in Intel Supports Its 2026 Bull Thesis - Reportify