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Intel shares soar 30% in pre-market trade on Nvidia's $5 bn investment boost, strategic product collaboration
The Economic Timesยท 2025-09-18 13:02
Investment Overview - Nvidia will invest $5 billion in Intel's common stock at a purchase price of $23.28 per share, subject to customary closing conditions and regulatory approvals [1][6] - Intel's shares were trading around $31.87 on Nasdaq, having settled at $24.90 previously, reflecting a 1.5% decline [1][6] Collaboration Details - Both companies will focus on integrating NVIDIA and Intel architectures using NVIDIA NVLink, combining NVIDIA's AI and accelerated computing with Intel's CPU technologies and x86 ecosystem [1][6] - Intel will develop NVIDIA-custom x86 CPUs for data centers, which NVIDIA will integrate into its AI infrastructure platforms [3][6] - For personal computing, Intel will create x86 system-on-chips (SOCs) that incorporate NVIDIA RTX GPU chiplets, aimed at powering a variety of PCs [4][6] Leadership Insights - Nvidia's CEO Jensen Huang emphasized that AI is driving a new industrial revolution, with this collaboration enhancing the integration of NVIDIA's AI stack with Intel's CPUs [5][6] - Intel's CEO Lip-Bu Tan highlighted the foundational role of Intel's x86 architecture in modern computing and expressed confidence in the partnership to innovate for future workloads [6]