Overview
- Nvidia purchased about 214.7 million Intel shares in a direct sale disclosed Monday, executing terms set in September.
- U.S. antitrust regulators, including the FTC, approved the transaction earlier in December, clearing the way for completion.
- The stake is linked to a multi‑year plan under which Intel will craft custom x86 data‑center CPUs for Nvidia and pursue PC chips that pair Intel cores with Nvidia RTX technology over NVLink.
- The fixed purchase price is now below Intel’s trading level, and the holding amounts to roughly 4% of the company according to recent reports.
- Market reaction was muted, with Nvidia shares slipping in early trading as Intel stock held broadly steady.