Overview

• Nvidia will purchase newly issued Intel shares at $23.28 apiece for roughly a 4% stake, becoming one of Intel’s largest shareholders.
• The companies plan multi‑generation products: Intel‑built custom x86 CPUs for Nvidia data‑center platforms and Intel‑made x86 PC SoCs integrating Nvidia RTX GPU chiplets.
• Intel’s foundry will provide central processors and advanced packaging for joint products, with no current plan for it to fabricate Nvidia GPUs.
• Intel shares jumped about 23% on the announcement, following recent capital infusions that include a roughly 10% U.S. government stake and a $2 billion SoftBank investment.
• Separately in the U.K., Microsoft pledged $30 billion in AI and cloud spending through 2028 and Nvidia committed £11 billion to deploy 120,000 Blackwell Ultra GPUs with Nscale and CoreWeave, underscoring the global buildout of AI capacity.