Overview
- Intel issued roughly 214.7–215 million shares to Nvidia at $23.28 each for a total of $5 billion, according to SEC filings.
- The transaction closed on December 29 under a securities purchase agreement dated September 15, 2025.
- U.S. antitrust authorities cleared the investment earlier in December, per a notice from the Federal Trade Commission.
- The stake underpins a reported collaboration to co-develop chips that combine Intel CPUs with Nvidia GPU chiplets connected via NVLink, with Intel manufacturing and Nvidia integrating the platforms.
- Premarket moves were mixed, with Nvidia shares down about 1.3% and Intel little changed, according to Reuters.