Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025.This is breaking news. Please refresh for updates.Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC products with the troubled chipmaker which took on the U.S. government as an investor last month.Nvidia is investing its stake at a price of $23.28 a share, a release from the company said. Intel shares jumped 33% to ...