Why Nvidia Just Made a $7.9 Billion Bold Bet on Intel

When Nvidia (NVDA) expresses interest in any company, investors should pay attention. According to a recent 13F-filing, Nvidia has invested a hefty amount of around $7.9 billion in Intel (INTC), now holding 214,776,632 shares of INTC stock. The timing is not random. Intel has been in the spotlight as it rebuilds its foundation for the artificial intelligence (AI) age. This investment signals Nvidia's confidence in Intel's comeback story. More News from Barchart INTC stock is up 21% so far this year, ou ...