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Investopedia·2025-09-18 15:15Nvidia is investing $5 billion in embattled chipmaker Intel and will jointly develop chips for PCs and data centers, the companies announced today.Investors sent shares in Intel soaring on the news, seen as a massive vote of confidence by the chip designer at the heart of the AI boom, even though Nvidia's outlay came at a discount. Nvidia said it will buy Intel common stock at $23.28 a share—around 7% below where it closed yesterday. Shares of Intel were up over 25% in recent trading, while Nvidia shares cl ...