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Nvidia Completes $5 Billion Stake in Intel: Landmark Deal from September Agreement Closes
Wall Street Pit· 2025-12-29 16:07
Intel Corporation (NASDAQ: INTC) completed a $5 billion private placement by issuing approximately 215 million shares to Nvidia Corporation (NASDAQ: NVDA) at $23.28 per share.The transaction supports a multi-year partnership for co-developing custom data-center CPUs and PC chips integrating Intel’s x86 designs with Nvidia’s RTX GPU chiplets, with tight integration via NVLink.Following the deal’s completion, Intel shares traded fractionally higher at $36.38, while Nvidia shares declined 1.82% to $187.05 in e ...