Nvidia completed a $5 billion investment in Intel, purchasing 214.7 million shares at $23.28 apiece for roughly 4% ownership in a deal finalized December 26 and disclosed Monday.
The transaction provides a critical financial lifeline for Intel, which reported a $16.6 billion loss in 2024 and has struggled with strategic missteps, though its stock has surged 80% this year.
The partnership extends beyond equity, with the chipmakers collaborating on custom x86 CPUs for Nvidia AI platforms and integrated processors combining Intel cores with Nvidia graphics technology after receiving FTC antitrust approval December 18.
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