Overview

• Nvidia will purchase Intel common stock at $23.28 per share for a stake exceeding 4%, according to the companies.
• Intel will build custom x86 processors for Nvidia’s data‑center platforms, with the designs tied together using Nvidia’s NVLink interconnect.
• In personal computing, Intel plans x86 system-on-chips that integrate Nvidia RTX graphics, though neither company provided launch timelines.
• Shares jumped after the announcement, with Intel closing up about 22.77% and Nvidia up 3.54%.
• In a separate move, Nvidia reportedly spent more than $900 million to hire Enfabrica’s CEO and core team and license its technology to scale large GPU clusters, as analysts say TSMC’s advanced-node AI chip orders likely see limited near-term impact.