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